李同学2019-02-21 12:20:20

17.单选题 收藏 标记 纠错 Hitch changes its target capital structure to 70% equity and 30% debt from its original capital structure with 100% equity financing. Hitch has a large asset base, a 30% operating profit margin, and the average interest rate on debt is expected to be 5.0%. If Hitch makes the change to its target capital structure and EBIT is unchanged, what is most likely the impact on Hitch's net income and return on equity (ROE) respectively? A Decrease; Increase B No Change; Increase C Decrease ;Decrease 查看解析 上一题 下一题 正确答案A 您的答案A本题平均正确率：55% WACC难度：容易 推荐：      答案解析 You should be able to figure out this question with logic (without having to use calculations). The interest expense associated with using debt represents a fixed cost that reduces net income. However, the lower net income value is spread over a smaller base of equity capital, serving to increase the ROE. 问：没明白关联到哪个知识点，可否进一步讲解？