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

momo · 2024年02月14日

a

NO.PZ2024011002000145

问题如下:

An analyst is analyzing two companies in the same industry and believes that they have similar strategies regarding the use of property, plant, and equipment (PP&E). He also thinks that the PP&E assets of the two companies are roughly of the same age and have the same expected useful lives remaining. Company A uses the LIFO method of inventory valuation, and Company B uses the FIFO method. The following additional information is available from the companies’ financial statements ($ millions):

In the analyst’s opinion, which of the following conclusions is most appropriate? Compared with Company A, Company B:

选项:

A.is more liquid. B.has a higher quality of earnings. C.uses more aggressive accounting estimates related to PP&E.

解释:

The analyst believes the two companies’ PP&E are of the same age; however, the useful life remaining for Company B’s assets is 15 years compared with 10 for Company A, implying B is using a longer useful life or more aggressive accounting policies.

The more aggressive PP&E estimates combined with the use of FIFO indicate that Company B has a lower quality of earnings, not higher. The adjusted current ratio for Company A (adjusted to include the LIFO reserve to convert the balance sheet to FIFO for comparison) is higher than the current ratio for B, indicating that A is more liquid.

b的是剩余年份长,不应该更不aggressive吗

1 个答案

王园圆_品职助教 · 2024年02月14日

同学你好,同样的固定资产,应该有类似的使用年限

B的剩余使用年限更长,说明每年计提的折旧更少

但是一个公司应该高估费用,低估收入,才是更保守的会计计量方式——既然B的折旧费用计提的更少,说明B低估了费用,也就是更激进(认为自己固定资产能比别的公司多使用很多年,就是很激进的方式)

  • 1

    回答
  • 0

    关注
  • 183

    浏览
相关问题

NO.PZ2024011002000145 问题如下 analyst is analyzing two companies in the same instry anbelieves ththey have similstrategies regarng the use of property, plant, anequipment (PP E). He also thinks ththe PP E assets of the two companies are roughly of the same age anhave the same expecteuseful lives remaining. Company A uses the LIFO methoof inventory valuation, anCompany B uses the FIFO metho The following aitioninformation is available from the companies’ financistatements ($ millions):In the analyst’sopinion, whiof the following conclusions is most appropriate? Comparewith CompanyCompany A.is more liqui B.ha higher quality of earnings. C.uses more aggressive accounting estimates relateto PP&E. The analyst believes the two companies’ PP E are of the same age; however, the useful life remaining for Company B’s assets is 15 years comparewith 10 for Company implying B is using a longer useful life or more aggressive accounting policies. The more aggressive PP E estimates combinewith the use of FIFO incate thCompany B ha lower quality of earnings, not higher. The austecurrent ratio for Company A (austeto inclu the LIFO reserve to convert the balansheet to FIFO for comparison) is higher ththe current ratio for incating thA is more liqui The more aggressive PP E estimates combinewith the use of FIFO incate thCompany B ha lower quality of earnings, not higher.为什么 use of FIFO incate thCompany B ha lower quality of earning?

2024-05-28 14:24 1 · 回答

NO.PZ2024011002000145 问题如下 analyst is analyzing two companies in the same instry anbelieves ththey have similstrategies regarng the use of property, plant, anequipment (PP E). He also thinks ththe PP E assets of the two companies are roughly of the same age anhave the same expecteuseful lives remaining. Company A uses the LIFO methoof inventory valuation, anCompany B uses the FIFO metho The following aitioninformation is available from the companies’ financistatements ($ millions):In the analyst’sopinion, whiof the following conclusions is most appropriate? Comparewith CompanyCompany A.is more liqui B.ha higher quality of earnings. C.uses more aggressive accounting estimates relateto PP&E. The analyst believes the two companies’ PP E are of the same age; however, the useful life remaining for Company B’s assets is 15 years comparewith 10 for Company implying B is using a longer useful life or more aggressive accounting policies. The more aggressive PP E estimates combinewith the use of FIFO incate thCompany B ha lower quality of earnings, not higher. The austecurrent ratio for Company A (austeto inclu the LIFO reserve to convert the balansheet to FIFO for comparison) is higher ththe current ratio for incating thA is more liqui 第二个不是没有inventory么,那这样岂不是比起来过于刻意?或是有我不知道得思路呢?麻烦帮我解惑解惑

2024-02-01 20:33 1 · 回答