NO.PZ2023040501000164
问题如下:
Gertrude Fromm is a transportation sector analyst at Tucana Investments. She is conducting an analysis of Omikroon, N.V., a (hypothetical) European engineering company that manufactures and sells scooters and commercial trucks.
Fromm uses the base case forecast for 2020 shown in Exhibit 1 to perform the following sensitivity analysis:
The price of an imported specialty metal used for engine parts increases by 20%.
This metal constitutes 4% of Omikroon’s cost of sales.
Omikroon will not be able to pass on the higher metal expense to its customers.
Fromm’s sensitivity analysis will result in a decrease in the 2020 base case gross profit margin closest to:
选项:
A.
0.55 percentage points.
B.
0.80 percentage points.
C.
3.32 percentage points.
解释:
A is correct. The sensitivity analysis consists of an increase of 20% in the price of an input that constitutes 4% of cost of sales. Change in gross profit margin be cause of that increase is calculated as the change in cost of sales because of price increase divided by sales:
= (Cost of sales × 0.04 × 0.2)/Sales
= (105.38 × 0.04 × 0.2)/152.38
= 0.0055
根据题目:COGS不是应该时105.38*(1.2*4%+96%*1)因为材料中4%的Metal增加了20%,所以剩下96%部分不变
对比没有变化时的105.38