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belgiles · 2020年10月18日

问一道题:NO.PZ201712100200001802

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问题如下:

Based on Exhibits 5–7, in comparison to Company Y, Company X has greater:

选项:

A.

leverage.

B.

interest coverage.

C.

operating profit margin.

解释:

A is correct.

Compared with Company Y, based on both their debt/capital ratios and their ratios of free cash flow after dividends to debt, which are measures of leverage commonly used in credit analysis, Company X is more highly leveraged, as shown in the following table. Debt divided by Capital (%) =Debt/(Debt+Equity)

答疑里的的CompanyX数据好像不对

1 个答案

吴昊_品职助教 · 2020年10月18日

同学你好:

是的,解析中的表格有问题,稍后会在后台中更改。

debt=short-term debt+long-term debt=0.5+11.7=12.2

capital=debt+equity=12.2+1.3=13.5

debt/capital=12.2/13.5=90.37%