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Yang · 2020年03月15日

问一道题:NO.PZ201512300100001105

* 问题详情,请 查看题干

问题如下:

5. The cash flow measure that Ritter would most likely recommend to address Cannan’s concern is:

选项:

A.

free cash flow to equity.

B.

earnings plus non-cash charges.

C.

earnings before interest, tax, depreciation, and amortization.

解释:

A is correct.

Free cash flow to equity (FCFE) is defined as cash flow available to shareholders after deducting all operating expenses, interest and debt payments as well as investments in working and fixed capital. Cannan’s requirement that the cash flow include interest expense, working capital and noncash revenue is satisfied by FCFE.

请问 FCFF 满足条件吗??

1 个答案

maggie_品职助教 · 2020年03月16日

嗨,努力学习的PZer你好:


不满足哦,因为FCFF是站在公司角度,它是包含利息费用的。而这道题要求:


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就算太阳没有迎着我们而来,我们正在朝着它而去,加油!


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