问题如下图：
选项：
A. 
B. 
C. 
怎么解释答案呢？完全不懂啥意思。求帮助。 解释：
NO.PZ2016012102000180 问题如下 The table below shows two firms thhave almost same expeinterest receiveanvin paiwith slightly fference. Whiof them will have lower CFO anlower CFF( Both of them use U.S. GAAP)?t{paing: 10px;} CFF CFO A.Firm Firm B.Firm Firm C.Firm Firm B is correct.The lower interest receivewill lower the CFO anthe higher vin paiwill lower the CFF, so B is correct.考点US GAAP下，interest receive和vin于CFO还是CFF 美国准则下interest receive于CFO，vin pai属于CFF。因此，收到的利息越低，CFO 就越低，支付的股息越高，CFF 就越低，B正确。 interest receive都是正数为单位，所以cfo的符号好理解，为正。但pai是应该理解为付出去的吗，显然b付出去的更多，a更少啊？
NO.PZ2016012102000180 问题如下 The table below shows two firms thhave almost same expeinterest receiveanvin paiwith slightly fference. Whiof them will have lower CFO anlower CFF( Both of them use U.S. GAAP)?t{paing: 10px;} CFF CFO A.Firm Firm B.Firm Firm C.Firm Firm B is correct.The lower interest receivewill lower the CFO anthe higher vin paiwill lower the CFF, so B is correct.考点US GAAP下，interest receive和vin于CFO还是CFF 美国准则下interest receive于CFO，vin pai属于CFF。因此，收到的利息越低，CFO 就越低，支付的股息越高，CFF 就越低，B正确。 请问为什么这个公式上面有interest 和 vin我们之前用CFO的公式没有呀，所以这算是哪一块呀？
NO.PZ2016012102000180 问题如下 The table below shows two firms thhave almost same expeinterest receiveanvin paiwith slightly fference. Whiof them will have lower CFO anlower CFF( Both of them use U.S. GAAP)?t{paing: 10px;} CFF CFO A.Firm Firm B.Firm Firm C.Firm Firm B is correct.The lower interest receivewill lower the CFO anthe higher vin paiwill lower the CFF, so B is correct.考点US GAAP下，interest receive和vin于CFO还是CFF 美国准则下interest receive于CFO，vin pai属于CFF。因此，收到的利息越低，CFO 就越低，支付的股息越高，CFF 就越低，B正确。 为什么支付的股息越高CFF越低呢？
NO.PZ2016012102000180 问题如下 The table below shows two firms thhave almost same expeinterest receiveanvin paiwith slightly fference. Whiof them will have lower CFO anlower CFF( Both of them use U.S. GAAP)?t{paing: 10px;} CFF CFO A.Firm Firm B.Firm Firm C.Firm Firm B is correct.The lower interest receivewill lower the CFO anthe higher vin paiwill lower the CFF, so B is correct.考点US GAAP下，interest receive和vin于CFO还是CFF 美国准则下interest receive于CFO，vin pai属于CFF。因此，收到的利息越低，CFO 就越低，支付的股息越高，CFF 就越低，B正确。 这个题目是不是要有一个前提，除了利息和分红不同，其他条件都相同，比如投资的本金相同，融资的本金也相同，否则容易歧义。我投资本金多，所以利息收的多，我融资金额多，所以要分的红也多。那净现金流变化不一定就是答案说的。
NO.PZ2016012102000180 问题如下 The table below shows two firms thhave almost same expeinterest receiveanvin paiwith slightly fference. Whiof them will have lower CFO anlower CFF( Both of them use U.S. GAAP)?t{paing: 10px;} CFF CFO A.Firm Firm B.Firm Firm C.Firm Firm B is correct.The lower interest receivewill lower the CFO anthe higher vin paiwill lower the CFF, so B is correct.考点US GAAP下，interest receive和vin于CFO还是CFF 美国准则下interest receive于CFO，vin pai属于CFF。因此，收到的利息越低，CFO 就越低，支付的股息越高，CFF 就越低，B正确。 RT
