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

陆佳莹 · 2021年10月28日

A选项为啥不选

  1. CFA I
  2. Corporate Issuers

NO.PZ2021091701000025

问题如下：

Which of the following mature companies is most likely to employ a high proportion of debt in its capital structure？

选项：

A.

A mining company with a large, fixed asset base

B.

A software company with very stable and predictable revenues and an assetlight business model

C.

An electric utility

解释：

C is correct. An electric utility has the capacity to support substantial debt, with very stable and predictable revenues and cash flows. The software company also has these attributes, but it would have been much less likely to have raised debt during its development and may have raised equity. The mining company has fixed assets, which it would have needed to finance, but the cyclical nature of its business would limit its debt capacity

A选项为啥不选，A也投资了很高比例的固定资产哇

添加评论
1 个答案
已采纳答案

王琛_品职助教 · 2021年10月31日

嗨，努力学习的PZer你好：


因为在周期性行业（比如采矿、材料，以及许多工业企业），收入和现金流在经济周期中变化很大，这限制了债务融资能力

因此，周期性行业的企业在其资本结构中的债务，可能比其他周期性较弱的行业的公司少

也请参考基础班讲义

----------------------------------------------
就算太阳没有迎着我们而来，我们正在朝着它而去，加油！

  • 1

    回答

  • 0

    关注

  • 597

    浏览
相关问题

NO.PZ2021091701000025 问题如下 Whiof the following mature companies is most likely to employ a high proportion of in its capitstructure？ A.A mining company with a large, fixeasset base B.A software company with very stable anprectable revenues anassetlight business mol C.electric utility C is correct. electric utility hthe capacity to support substantibt, with very stable anprectable revenues ancash flows. The software company also hthese attributes, but it woulhave been muless likely to have raisering its velopment anmhave raiseequity. The mining company hfixeassets, whiit woulhave neeto finance, but the cyclicnature of its business woullimit its capacity 我记得本章哪个地方讲过，像是水电煤这种为社会提供公共服务的公司，政府是会限制他们的负债的，要保持低风险，所以这里作为正确答案是不是也是不合适的？

2022-10-30 02:14 1 · 回答

NO.PZ2021091701000025问题如下 Whiof the following mature companies is most likely to employ a high proportion of in its capitstructure？ A.A mining company with a large, fixeasset baseB.A software company with very stable anprectable revenues anassetlight business molC.electric utility C is correct. electric utility hthe capacity to support substantibt, with very stable anprectable revenues ancash flows. The software company also hthese attributes, but it woulhave been muless likely to have raisering its velopment anmhave raiseequity. The mining company hfixeassets, whiit woulhave neeto finance, but the cyclicnature of its business woullimit its capacity 1 utility不是资本密集型？2 software为啥不对

2022-09-03 23:10 1 · 回答

NO.PZ2021091701000025 如果这道题的题目问a high proportion of equity，是不是就可以选software company，还是说不一定

2022-02-26 05:58 2 · 回答