FFO是什么指标啊？

问题如下：

According to the data in Exhibit 1, when compared with the industry, company M's credit risk tends to be:

Exhibit 1. European Cosmetics Industry and Company M Selected Financial Ratios for 2013

选项：

A.

lower.

B.

the same.

C.

higher.

解释：

A is correct.

According to the given data, the comparison of FFO/total debt, return on capital, total debt/EBITDA and EBITDA interest coverage indicate that the credit quality of company M is better than that of the industry.

考点：4C分析

解析：我们需要参考所有的指标，综合来评判是否优于行业。五个指标里，后四个都是优于行业平均的，所以综合来看是优于行业的。说明信用风险相比行业是更低的，故选项A正确。