The following footnote appeared in Crabtree Company’s 20X7 annual reports: “On December 31, 20X7, Crabtree recognized a restructuring charge of $20 million, of which $5 million was for severance pay for employees who will be terminated in 20X8 and $15 million was for land that became permanently impaired in 20X7.”Based only on these changes, Crabtree’s net profit margin and fixed asset turnover ratio (using year-end financial statement values) in 20X8 as compared to 20X7 will be: A Higher for net profit margin; higher for fixed asset turnover B Higher for net profit margin;unchanged for fixed asset turnover C Lower for net profit margin; higher for fixed asset turnover 考试会考这种题吗？我觉得太接近实务了。这20m是收购方5m给了员工，15买了土地给的吗？题中没说，

老师你好，之前学分布的时候说到收益率也可以用正态分布表示，对于投资要投尖峰形态的，但是这道题是underperform表现不佳的为什么是选这个谢谢

Zimt AG wrote down the value of its inventory in 2007 and reversed the writedown in 2008. Compared to the results the company would have reported if the write-down had never occurred, Zimt's reported 2008: A profit was overstated. B cash flow from operations was overstated. C year-end inventory balance was overstated. 这题我不明白是他问如果不write down 2008年会怎么样？他先down，在recersal，如果没有down就没有recersal。那还比什么？

An analyst gathered the following information about a company: 100,000 common shares outstanding from the beginning of the year. Earnings of $125,000. 1,000, 7%, $1,000 par bonds convertible into 25 shares each, outstanding as of the beginning of the year. The tax rate is 40%. The company's diluted EPS is closest to: A $1.22. B $1.25. C $1.34. 这题的稀释eps不用答案这种方法，用老师讲的方法我怎么算不出数？125-70*0.6比100+25

The Hall Corporation had 100,000 shares of common stock outstanding at the beginning of the year. Hall issued 30,000 shares of common stock on May 1. On July 1, the company issued a 10% stock dividend. On September 1, Hall issued 1,000, 10% bonds, each convertible into 21 shares of common stock. What is the weighted average number of shares to be used in computing basic and diluted EPS, assuming the convertible bonds are dilutive? A 132,000 basic EPS; 139,000 diluted EPS B 132,000 basic EPS; 146,000 diluted EPS C 139,000 basic EPS; 146,000 diluted EPS 这题不明白答案为什么要乘以1.1 100，000+30，000*8/12不就完了吗？稀释的话不就是100，000+30，000*8/12+21000*4/12

At the start of the year, a company's capital contributed by owners and retained earnings accounts had balances of $10,000 and $6,000, respectively. During the year, the following events took place: A $19,400 B $19,900 C $20,400 这题在问什么？

Why this sentence not refers to perfect competitive market?

The party making the fixed-rate payment under a swap contract may also have to make the variable payment on that contract if the swap is belonged to: A currency swap. B interest rate swap. C equity swap. 答案说选c，有点不可思议

为什么要加investment income?

An analyst is estimating a value for an infrequently traded double B bond with 8 years to maturity, an annual coupon of 9% The following are the yields to maturity for more liquid double B bonds: : ? 5.5% coupon, 10 years to maturity, yielding9.40%. 6.5% coupon, 7years to maturity, yielding 7%. The infrequently traded bond is most likely trading at: A Par value. B A discount to par value. C A premium to par value. 这题是什么原理呢？很陌生