老师你好，这里差不多是说CFO=NI+NCC-WC Inv,按间接法计算CFO时分三步调整，第一步调整非现金项目，即加折旧和摊销，第二部是调整非经营项目，+gain/-loss,第三步调整B/S相关科目，这里NI+NCC-WC Inv其中NCC相当于加回折旧和摊销，-WC Inv相当于调整资产负债表相关科目，那+gain/-loss呢？为什么不需要调整？老师上课时说如果这里的NI给的就是经营的NI，则不需要调整这一步，关键是一般的NI并不是经营性的NI吧？不明白这里为什么直接这样默认NI就是经营净利润？

z test， f test分别怎么test？

05.单选题 收藏 标记 纠错 Which of the following is the price of a forward contract? A Is the amount paid at expiration. B Fluctuates over the term of the contract. C Is the amount paid at initiation. 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：68% Forward pricing and valuation难度：一般 推荐：      答案解析 The price of a forward contract is the amount paid at expiration. 问：老师我这边有点较真，题目说是" price of a forward contract"即合同的价格，并非forward price，所以该表达应该是和valuation一个意思吧？

老师你好，递延所得税资产和递延所得税负债是流动性资产和负债吗？

请问36题为什么选A

请问第三题问什么选C

市场利率上升对bond的发行人到底是有利还是不利的呢

老师你好，关于warrants 对稀释每股收益的影响，if the exercise price is less than the weighted average market price during the year, the effect of their conversion is to increase the weighted average number of common shares outstanding, causing diluted EPS to be lower than basic EPS. If the exercise price is equal to the weighted average market price, the number of shares issued equals the number of shares repurchased. Therefore, the weighted average number of common shares outstanding is not affected and diluted EPS equals basic EPS. If the exercise price is greater than the weighted average market price, the effect of their conversion is anti-dilutive. 老师上课说如果执行价格高于平均市场价格，不行权，而原版书这里说如果执行价格高于平均市场价格，行权会有反稀释作用，怎么理解呢？执行价格高于市场平均价格，到底是行权还是不行权？

百题财务报表分析里第62题是否答案有问题？算cash paid to supplier时，应减存货变动加应付账款变动，答案正好相反，所以确认一下，谢谢

为什么t分布的自由度越高，越接近正太分布？