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Assume a firm with a debt to equity ratio of 0.50 and debt equal to $35 million. It makes a commitment to acquire raw materials with a present value of $12 million over the next 3 years. For purposes of analysis, the best estimate of the debt to equity ratio should be: A 0.500. B 0.573. C 0.671. 查看解析 上一题 下一题 正确答案C 您的答案A本题平均正确率:50% The original debt / equity ratio = 35 / 70 = 0.5. Now adjust the numerator but not the denominator. Why? You have commitments (liabilities) but no new equity because (non-current) liabilities and assets are increased by the same amount. D/E = (35 + 12) / 70 = 0.671. 请问:这12M应该是A/P吧,而AP是不计利息的,算L,但是不算在DEBT里面,所以理论上比值应该保持不变?
查看试题 已回答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. B The restructuring charge and asset write-down are non-recurring transactions; thus, net income will be higher in 20X8, all else equal. 请问此题中 究竟是20M的总重组费还是5M的解雇费影响NI?
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