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Which of the following statements about cash flow ratios is most valid? A Debt payment ratio measures a firm's ability to pay debts with operating cash flows. B Reinvestment ratio measures a firm's ability to acquire assets with investing cash flows. C Interest coverage ratio is calculated as operating cash flow divided by interest payments. A Debt payment ratio shows the firm's ability to pay debts with operating cash flows. Debt payment ratio = cash flow from operations / cash paid for long-term debt repayment 请问:这些关于CFO的比例太细了,且未出现在***老师的2.5h关于C/F这张表的讲课视频里,请问考试占比如何(几道题),可否放弃,不记了?
查看试题 已回答老师,你好,在课后题答案中有一段话:NI being greater than cash flow operation is a warning sign that the firm using aggressive accrual accounting policies that shift current express to future periods. Decreasing,not increasing,inventory turnover could suggest inventory obsolescence problems that should be recognized. Decreasing,not increasing,receivables turnover could suggest that some revenues are fictitious or recorded prematurelt or that the allowance for doubtful account is insufficient. 这里我不太明白为什么NI>CFO,就是表明公司可能使用激进的记账方法。还有:invetory turnover=COGS/average inventory,如果操纵利润的话,应该是将存货提前确认为收入,那么COGS增加,inventory减少,inventory turnover应该变大才对,为什么是inventory turnover降低表明了会有操纵利润的可能?同样的,receivable turnover=sales/average receivable,如果操纵利润,那么应该使sales升高,receivables降低,receivable turnover这个指标应当变大才对。
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