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

yangzai · 2017年12月05日

问一道题：NO.PZ201512300100001004 第4小题 [ CFA II ]

  1. CFA II
  2. Equity

* 问题详情，请 查看题干

问题如下图：NB可以用DR求吗，DR=D/A,而题干中给出D/E为0.2，是否可以用？

    

选项：

A.

B.

C.

解释：



添加评论
1 个答案
已采纳答案

maggie_品职助教 · 2017年12月07日

不可以，如果需要从target debt ratio来计算，题干会告诉你目标债务比率等于多少，不需要你自己求。

这里的求净债权就从最本源的公式求解即可，不要舍近求远。


  • 1

    回答

  • 1

    关注

  • 417

    浏览
相关问题

NO.PZ201512300100001004 问题如下 4. Holt’s FCFE (in millions) for 2008 is closest to: A.$175. B.$250. C.$364. B is correct.FCFE = NI + N- FCInv- WCInv + Net borrowing. In this case:NI = $485 millionN= preciation expense = $270 millionFCInv = Net purchase of fixeassets = Increase in gross fixessets= 4,275 -3,752 = $523 millionWCInv = Increase in accounts receivable + Increase inInventory-Increase in accounts payable Increasein accrueliabilities= ( 770-711 ) + ( 846-780 ) - ( 476-443 ) - ( 149-114 )= $57 millionNet borrowing = Increase in notes payable + Increase in long-term bt= ( 465-450 ) + ( 1,575-1,515 ) = $75 millionFCFE = 485 + 270 - 523 - 57 + 75 = $250 millionalternative calculation isFCFE = FCFF -Int(1-Trate) + Net borrowingFCFE = 307.6 - 195(1-0.32) + (15 +60) = $250 million alternative calculation isFCFE = FCFF -Int(1-Trate) + Net borrowingFCFE = 307.6 - 195(1-0.32) + (15 +60) = $250 million307.6 没有看到题中有给 FCFF 值啊？

2024-04-23 13:38 1 · 回答

NO.PZ201512300100001004问题如下4. Holt’s FCFE (in millions) for 2008 is closest to:A.$175.B.$250.C.$364.B is correct.FCFE = NI + N- FCInv- WCInv + Net borrowing. In this case:NI = $485 millionN= preciation expense = $270 millionFCInv = Net purchase of fixeassets = Increase in gross fixessets= 4,275 -3,752 = $523 millionWCInv = Increase in accounts receivable + Increase inInventory-Increase in accounts payable Increasein accrueliabilities= ( 770-711 ) + ( 846-780 ) - ( 476-443 ) - ( 149-114 )= $57 millionNet borrowing = Increase in notes payable + Increase in long-term bt= ( 465-450 ) + ( 1,575-1,515 ) = $75 millionFCFE = 485 + 270 - 523 - 57 + 75 = $250 millionalternative calculation isFCFE = FCFF -Int(1-Trate) + Net borrowingFCFE = 307.6 - 195(1-0.32) + (15 +60) = $250 million是因为应付账款和应付税费已经考虑在Woriking CapitInvestment 中，所以不在N.B.中反映吗？

2022-05-19 15:11 1 · 回答

NO.PZ201512300100001004 请问short term 和repayment ，long term ,long term repaymant在这门课里涉及的经常考的科目是什么？

2021-11-26 09:56 2 · 回答

NO.PZ201512300100001004 所以以后计算short term bt可以直接当成是notes payable吗

2021-04-29 16:39 1 · 回答

     老师，关于short term bt的定义，我搜了Some common examples of short-term inclu:Short-term bank loans. These loans often arise when a company sees immeate neefor operating cash. ...Accounts payable. This refers to money oweto suppliers or provirs of services. ...Wages. These are payments e to employees.Lease payments. ...Income taxes payable.为什么网上说account papayable也是呀

2018-05-09 12:23 1 · 回答