NO.PZ2023081403000144
问题如下:
Q. Which of the following choices best describes reasonable conclusions an analyst might make about the company’s profitability?The following data appear in the five-year summary of a major international company. A business combination with another major manufacturer took place in FY13.
Exhibit 1:
Five-Year Summary of a Major International Company
选项:
A.Comparing FY14 with FY10, the company’s profitability improved, as indicated by an increase in its debt-to-assets ratio from 0.14 to 0.27. B.Comparing FY14 with FY10, the company’s profitability improved, as indicated by the growth in its shareholders’ equity to GBP6,165 million. C.Comparing FY14 with FY10, the company’s profitability deteriorated, as indicated by a decrease in its net profit margin from 11.0 percent to 5.7 percent.解释:
C is correct. Comparing FY14 with FY10, the company’s profitability deteriorated, as indicated by a decrease in its net profit margin from 11.0 percent (= 484/4,390) to 5.7 percent (= 645/11,366). Debt-to-assets ratio is a measure of solvency not an indicator of profitability. Growth in shareholders’ equity, in isolation, does not provide enough information to assess profitability.
我都没看数字,看的A选项的条件是偿债能力的,B选项单就投资人收益一个条件不能分析公司的profitability ,C给的条件是符合计算profitability的,我也没算,很快就选出来了。这种类型的题经常考吗?一开始时会被大段的题目条件吓到。