问题如下图:
选项:
A.
B.
C.
解释:
Fixed cost 越小,DOL不是越大么?为什么不选A啊?
NO.PZ2016021706000035 问题如下 Consiring the following statements about capitstrcture anleverage, whiis least accurate? A.Operating leverage increases when the proportion of firm's fixecosts in totcosts increases. B.Capitstructure cisions are affectethe corporate trate C.Operating leverage increases with the corporate trate. C is correct.The lower the trate, the higher the after-tcost of bt. Thus it minfluenthe capitstructure.Operating leverage is not affectethe corporate trate. 谢谢
NO.PZ2016021706000035 我知道这题问的是L,因为它涉及到的是Sales和EBIT,肯定不受税率影响。 但我对税率是否会影响L有些犹疑?
能不能从定义出发理解,ops leverage直接是随着 FC 的变化而变化的?
b为什么对呢?capitstructure不是wacc里面w权重吗?怎么会受到tax影响?