有一个疑问，leverage ratio =1/margin=asset/equity 这里的margin是maintenance margin 还是initial margin？为什么？

请见下图，怎么用计算器计算那个4次方？

这意思是违反了第二或三条便是违反了第一条吗？ 还是二三条同时违反是违反了第一条

Which of the following is the reason that inventories can reflect growth significantly though they act as a small part of the overall economy? A Because inventories reflect general business sentiment. B Because inventories determine the availability of goods for sale. C Because inventories tend to move forcefully up or down

Which of the following shows the perspective productivity offers on the business cycle? A It shows the need for new employees. B It measures the intensity of work flow for existing employees. C It assesses the skill set of existing employees. 这个题题目实在是读的很蒙，麻烦解析下

信用卡不是也可以分期还款吗？为什么说不做摊销啊？

是不是来自于客户的礼物都与雇主会存在利益冲突？

如果不与雇主发生利益冲突的礼物，可以收但是【需要披露】？和不影响独立客观性的礼物可以收但是需要披露一样对吧？

这个解析是不是错了？FCFE应该是present value不是multiple

比如说A是一个分析师，来自于客户的礼物对A的雇主有利益冲突对吧？是什么利益和什么利益之间的冲突？