Under monopolistic competition, a firm that introduces a new and differentiated product is least likely to: A increase its price. B make an economic profit. C face a demand that is more elastic. 一个新产品，他的需求被市场认定的话，为什么不会有更多的弹性，比如特价了，采购的需求就会上升

这题题干里面不是说the firm can no longer assure the reception and timing of the remaining amount吗，为什么不是用cost recovery method 呢？

04.单选题 已收藏 标记 纠错 Which of the following statements is most accurate regarding the impact of financial leverage on a company's net income and return on equity (ROE)? A If a firm has a positive operating profit margin, using financial leverage will always increase ROE. B Increasing financial leverage increases both risk and potential return of existing bondholders. C Using financial leverage increases the volatility of ROE for a level of volatility in operating income. 查看解析 上一题 下一题 正确答案C 您的答案B本题平均正确率：46% Leverage and risk难度：一般 推荐：      答案解析 问：A选项可否再推导一下，C选项可否再解释一下？

02.单选题 已收藏 标记 纠错 A company has decided to switch to using accelerated depreciation from straight-line depreciation. Holding other factors constant, the degree of total leverage will most likely: A increase. B decrease. C not change. 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：56% Leverage and risk难度：一般 推荐：      答案解析 Calculate and interpret the degree of operating leverage, the degree of financial leverage, and the degree of total leverage. A is correct. Based on Equation : The change to accelerated depreciation increases the fixed costs, making DTL (degree of total leverage) increase (i.e., the numerator does not change and the denominator decreases) 问：The change to accelerated depreciation increases the fixed costs 加速折旧为啥会增加FC，能否简单逻辑推导？

老师你好，类似这种题目，请问面值和账面价值之间的差额反应在哪里了呢？

Statement 2 为什么正确？

老师，non-discretionary account非委托账户是什么意思？是指基金经理个人的账户吗？

06.单选题 收藏 标记 纠错 Freytag Company currently has assets on its balance sheet that are financed with 60% equity and 40% debt. The company can issue debt at the yield of 8% when the value of the debt doesn't exceed 1 million. If larger amounts of debt are issued by the company, the yield of the debt will be 9%. Calculate the break points for the company. A 1 million. B 1.67 million. C 2.5 million. 查看解析 上一题 提交试卷 正确答案C 您的答案A本题平均正确率：41% Breakeven analysis难度：一般 推荐：      答案解析 When the value of the debt exceeds 1 million, the yield of the bonds issued changed. So the break point for the company occurs when 40% of the whole capital exceeds 1 million. Break point = 1 million/40% = 2.5 million. 问：这是什么奇特的公式，怎么一步就做出来了，正课里边没有讲吧？能否给出完整公式

你好！既然解析里说到了essay和formula都不能被提及，这个题A/B答案怎么选择？

你好！ 我不是很理解关于referral fee具有partiality 偏好性的这个概念。我的理解是第三方公司跟主人公有些协议，如果你能推荐客户买我们的股票，我就给你referral fee。所以说当主人公展示给客户清单的时候，客户能知道主人公的希望他买的股票是哪几支，对吗？？