开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

算命小唐🌿 · 2022年11月02日

解析的 dividend payout ratio还有net profit margin还是不太明白怎么算

NO.PZ2016012102000183

问题如下:

Here is a table describes some information from financial statements of DC company for the date December 31,20X8.

Based on the following information, what is the sustainable growth rate of DC company?

  • revenue:$800,000
  • dividend paid: $80,000
  • total asset turnover:0.58
  • financial leverage: 1.7
  • sales to net income:6.5
  • tax rate:20%

选项:

A.

9.45%.

B.

12.45%.

C.

5.31%

解释:

C is correct.

Sustainable growth rate = (retention rate)*(ROE).

ROE =net profit margin* total asset turnover* financial leverage=(1/6.5) *0.58 *1.7=0.1517

Retention rate = (1 - dividend payout ratio) = I -[80000/(800000/6.5)]=0.35

Sustainable growth = 0.1517*0.35=0.0531

为什么是80000/(800000/6.5)呀,还有net profit margin这里为什么是1/6.5,不直接用6.5呢,可以麻烦老师讲解一下吗

1 个答案
已采纳答案

lynn_品职助教 · 2022年11月03日

嗨,爱思考的PZer你好:


retention rate或者是RR,是留存率 = (1 - dividend payout ratio)

 

其中 dividend payout ratio = dividend paid/Net income

 

Net income 在这里是没有给出, 要用Sales /sales to net income =800,000/6.5


dividend paid是 $80,000

dividend payout ratio = dividend paid/Net income=80000/(800,000/6.5)


Net profit margin = NI / net revenue

而我们只有sales to net income:6.5 因此直接倒数就是1/6.5

----------------------------------------------
加油吧,让我们一起遇见更好的自己!

  • 1

    回答
  • 0

    关注
  • 386

    浏览
相关问题

NO.PZ2016012102000183 问题如下 Here is a table scribes some information from financistatements of company for the te cember 31,20X8.Baseon the following information, whis the sustainable growth rate of company? revenue:$800,000 vinpai $80,000 totasset turnover:0.58 financileverage: 1.7 sales to net income:6.5 trate:20% A.9.45%. B.12.45%. C.5.31% C is correct.Sustainable growth rate = (retention rate)*(ROE). ROE =net profit margin* totasset turnover* financileverage=(1/6.5) *0.58 *1.7=0.1517Retention rate = (1 - vinpayout ratio) = I -[80000/(800000/6.5)]=0.35Sustainable growth = 0.1517*0.35=0.0531 请问Retention rate = (1 - vinpayout ratio) = I -[80000/(800000/6.5)]=0.35。这个是怎么来的?讲义好像完全没有

2024-11-08 23:20 1 · 回答

NO.PZ2016012102000183问题如下 Here is a table scribes some information from financistatements of company for the te cember 31,20X8.Baseon the following information, whis the sustainable growth rate of company? revenue:$800,000 vinpai $80,000 totasset turnover:0.58 financileverage: 1.7 sales to net income:6.5 trate:20%A.9.45%.B.12.45%.C.5.31%C is correct.Sustainable growth rate = (retention rate)*(ROE). ROE =net profit margin* totasset turnover* financileverage=(1/6.5) *0.58 *1.7=0.1517Retention rate = (1 - vinpayout ratio) = I -[80000/(800000/6.5)]=0.35Sustainable growth = 0.1517*0.35=0.0531RR=0.35 知识点有点记不起来了 可以讲一下吗谢谢

2024-10-25 14:02 1 · 回答

NO.PZ2016012102000183问题如下Here is a table scribes some information from financistatements of company for the te cember 31,20X8.Baseon the following information, whis the sustainable growth rate of company? revenue:$800,000 vinpai $80,000 totasset turnover:0.58 financileverage: 1.7 sales to net income:6.5 trate:20%A.9.45%.B.12.45%.C.5.31%C is correct.Sustainable growth rate = (retention rate)*(ROE). ROE =net profit margin* totasset turnover* financileverage=(1/6.5) *0.58 *1.7=0.1517Retention rate = (1 - vinpayout ratio) = I -[80000/(800000/6.5)]=0.35Sustainable growth = 0.1517*0.35=0.0531这道题目的知识点在财务里吗?

2024-07-30 21:33 1 · 回答

NO.PZ2016012102000183 问题如下 Here is a table scribes some information from financistatements of company for the te cember 31,20X8.Baseon the following information, whis the sustainable growth rate of company? revenue:$800,000 vinpai $80,000 totasset turnover:0.58 financileverage: 1.7 sales to net income:6.5 trate:20% A.9.45%. B.12.45%. C.5.31% C is correct.Sustainable growth rate = (retention rate)*(ROE). ROE =net profit margin* totasset turnover* financileverage=(1/6.5) *0.58 *1.7=0.1517Retention rate = (1 - vinpayout ratio) = I -[80000/(800000/6.5)]=0.35Sustainable growth = 0.1517*0.35=0.0531 这里的revenue就等于sales吗?

2024-04-22 20:59 1 · 回答

NO.PZ2016012102000183问题如下Here is a table scribes some information from financistatements of company for the te cember 31,20X8.Baseon the following information, whis the sustainable growth rate of company? revenue:$800,000 vinpai $80,000 totasset turnover:0.58 financileverage: 1.7 sales to net income:6.5 trate:20%A.9.45%.B.12.45%.C.5.31%C is correct.Sustainable growth rate = (retention rate)*(ROE). ROE =net profit margin* totasset turnover* financileverage=(1/6.5) *0.58 *1.7=0.1517Retention rate = (1 - vinpayout ratio) = I -[80000/(800000/6.5)]=0.35Sustainable growth = 0.1517*0.35=0.05312024考吗?谢谢。。。。。

2024-03-19 08:38 1 · 回答