开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)｜3.2.5(安卓)APP下载

返回

陳泰傑 · 2020年06月24日

问一道题：NO.PZ2018111303000084 [ CFA II ]我這樣的思考方式可以嗎，最後答案一樣。

  1. CFA II
  2. FRA

问题如下：

Analyst collected the information about ABC company in the following table：：

ABC company has 20 percent interest in the equity of Golden company, beginning of investment is 150 and ending investment is 196. Golden company reported 2,150 revenue and 550 in net income, its average total assets is 1,780. Please calculate the ABC’s asset turnover ratio if excluding the investment in associates:

选项：

A.

0.95

B.

0.89

C.

0.91

解释：

A is correct.

考点：investment in associates

解析：

asset turnover ratio=revenue/average total assets

我们先需要把investment从ABC公司的Asset中减去，因为这里用的都是average，所以我们也计算一个平均数，（196+150）/2=173

所以asset turnover ratio=5677/(6125-173)=0.95

我這樣的思考方式可以嗎，最後答案一樣 是碰巧嗎
添加评论
1 个答案
已采纳答案

Olive_品职助教 · 2020年06月24日

嗨，努力学习的PZer你好：


应该是碰巧。

你的第一步是把average asset乘以2，算得的是期初值加期末值之和。

但是第二步算investment是算investment的期末值，而且算出来跟题目给的条件并不一样，题目给的是196，直接用就行，不必自己算，因为题目也没说Golden公司有没有分红，从题目数字来看很可能分红了，因为你这个算法得到的260是不分红的结果。

后面就不说了，肯定不对了。

这种剔除掉对子公司的investment是教材讲的分析方法，按照教材的这个思路来就行，考试不会考太复杂的。


-------------------------------
努力的时光都是限量版，加油！


  • 1

    回答

  • 0

    关注

  • 551

    浏览
相关问题

NO.PZ2018111303000084 问题如下 Analyst collectethe information about Acompany in the following tableAcompany h20 percent interest in the equity of Goln company, beginning of investment is 150 anenng investment is 196. Goln company reporte2,150 revenue an550 in net income, its average totassets is 1,780. Please calculate the ABC’s asset turnover ratio if exclung the investment in associates: A.0.95 B.0.89 C.0.91 A is correct.考点investment in associates解析asset turnover ratio=revenue/average totassets我们先需要把investment从ABC公司的Asset中减去，因为这里用的都是average，所以我们也计算一个平均数，（196+150）/2=173所以asset turnover ratio=5677/(6125-173)=0.95 分子为什么不减去子公司的revenue*20%？

2024-04-21 19:39 1 · 回答

NO.PZ2018111303000084 问题如下 Analyst collectethe information about Acompany in the following tableAcompany h20 percent interest in the equity of Goln company, beginning of investment is 150 anenng investment is 196. Goln company reporte2,150 revenue an550 in net income, its average totassets is 1,780. Please calculate the ABC’s asset turnover ratio if exclung the investment in associates: A.0.95 B.0.89 C.0.91 A is correct.考点investment in associates解析asset turnover ratio=revenue/average totassets我们先需要把investment从ABC公司的Asset中减去，因为这里用的都是average，所以我们也计算一个平均数，（196+150）/2=173所以asset turnover ratio=5677/(6125-173)=0.95 我理解投资子公司对公司的asset是没有影响的，（因为减少了cash，增加iinvestment，asset不变），所以这题让考虑去除投资子公司影响，那就是用5677/6125，不知道为什么这样不对

2024-04-20 21:53 1 · 回答

NO.PZ2018111303000084 问题如下 Analyst collectethe information about Acompany in the following tableAcompany h20 percent interest in the equity of Goln company, beginning of investment is 150 anenng investment is 196. Goln company reporte2,150 revenue an550 in net income, its average totassets is 1,780. Please calculate the ABC’s asset turnover ratio if exclung the investment in associates: A.0.95 B.0.89 C.0.91 A is correct.考点investment in associates解析asset turnover ratio=revenue/average totassets我们先需要把investment从ABC公司的Asset中减去，因为这里用的都是average，所以我们也计算一个平均数，（196+150）/2=173所以asset turnover ratio=5677/(6125-173)=0.95 答案解析提到asset turnover ratio=5677/(6125-173)=0.95我的问题是为什么分母的asset中，不加上子公司20%的NI？

2024-04-04 15:03 1 · 回答

NO.PZ2018111303000084 问题如下 Analyst collectethe information about Acompany in the following tableAcompany h20 percent interest in the equity of Goln company, beginning of investment is 150 anenng investment is 196. Goln company reporte2,150 revenue an550 in net income, its average totassets is 1,780. Please calculate the ABC’s asset turnover ratio if exclung the investment in associates: A.0.95 B.0.89 C.0.91 A is correct.考点investment in associates解析asset turnover ratio=revenue/average totassets我们先需要把investment从ABC公司的Asset中减去，因为这里用的都是average，所以我们也计算一个平均数，（196+150）/2=173所以asset turnover ratio=5677/(6125-173)=0.95 equity metho，母公司买入子公司股权以后，是会在asset科目下还是在Equity科目下新增一个“investment”项目用来记录投资的金额及变动的？本题investment新增46，NI新增110，这两个数字的差64是不是相当于分红分出去了呢？否则B/S两边没有平啊？可以麻烦老师画一下B/S吗？那如果这样的话是不是应该还要减去这个分红呀？

2024-03-18 16:16 1 · 回答

NO.PZ2018111303000084 问题如下 Analyst collectethe information about Acompany in the following tableAcompany h20 percent interest in the equity of Goln company, beginning of investment is 150 anenng investment is 196. Goln company reporte2,150 revenue an550 in net income, its average totassets is 1,780. Please calculate the ABC’s asset turnover ratio if exclung the investment in associates: A.0.95 B.0.89 C.0.91 A is correct.考点investment in associates解析asset turnover ratio=revenue/average totassets我们先需要把investment从ABC公司的Asset中减去，因为这里用的都是average，所以我们也计算一个平均数，（196+150）/2=173所以asset turnover ratio=5677/(6125-173)=0.95 为什么要减去investment?

2023-11-01 19:05 1 · 回答