NO.PZ2024011002000016
问题如下:
Income statements for two companies (A and B) and the common-size income statement for the industry are provided in the following table:
The best conclusion an analyst can make is that:
选项:
A.both companies' tax rates are higher than the industry average. B.Company B's interest rate is lower than the industry average. C.Company A earns a higher gross margin than both Company B and the industry.解释:
Common-sized analysis of the income statements shows that Company A has a lower percentage cost of goods sold and thus a higher gross margin than the industry and Company B.
The tax rates for the companies are not higher than
the industry. The interest rate is not a function of sales and cannot be
analyzed on a common-size income statement. Tax rates are determined based
on Taxes/Pretax earnings, not as a percentage of sales (as shown in common-size
analysis).
b为什不对,interest expense除以sales减去两项费用