NO.PZ2018111303000088
问题如下:
Analyst collected the financial information about PZ company in the following table:
PZ’s segment information is in the following table:
PZ’s segment EBIT margins in 2018 were 15% for Investment business, 9% for Consulting business and 12% for Training business.
Based on the Dupont analysis, analyst believes the firm could increase the ROE if the company divested segments that were generating the lowest returns on capital employed, the business segment best suited for divestiture is:
选项:
A.Investment business
B.Consulting business
C.Training business
解释:
B is correct.
考点:capital allocation
解析:
可以直接观察 CapEx%和Assets%,如果前者大于后者,说明在加速投资,三个部门中,investment和consulting都在加速投资,但是consulting的EBITmargin最低,是9%,所以应该剔除该部门。
这道题是否是找出CapEx%和Assets%最高的,并且EBIT最低的那一个部门?
如果CapEx%和Assets%最高的并不是EBIT最低的那一个部门的呢?