问题如下图：
选项：
A. 
B. 
C. 
解释：
请问这题算cfo+interest +tax, 题目说cfo已经包括tax，不就是说cfo是interest已减去后的了，但tax之前没减去，包含了，所以为什么operating cash flow不是cfo再加个interest 1260而是加了个1850tax呢？这tax不是已经含了吗？
NO.PZ2018111303000091 问题如下 Analyst collectethe financiinformation about PZ company in the following table:Analyst also collectethe cash flow information about PZ company in the following table:The CFF inclus cash paifor interest of 1260 anthe CFO inclus taxes of 1850 in 2018, please calculate the ratio of operating cash flow before interest antaxes to operating income for PZ for 2018 is closet to: A.2.29 B.2.25 C.2.34 C is correct.考点operating cash flow before interest antaxes解析Operating cash flow before interest antaxes=CFO+支付利息的现金+支付税的现金，这一题比较特殊，因为题目中说interest是属于financing activity的，不属于CFO，所以它没有在CFO中扣除。既然它没有在CFO中扣除，那也就不需要加回了.只需要加回tax即可，Operating cash flow before interest antaxes=8850+1850=10700将其除以EBIT得到10700/4579=2.34 如题
NO.PZ2018111303000091 问题如下 Analyst collectethe financiinformation about PZ company in the following table:Analyst also collectethe cash flow information about PZ company in the following table:The CFF inclus cash paifor interest of 1260 anthe CFO inclus taxes of 1850 in 2018, please calculate the ratio of operating cash flow before interest antaxes to operating income for PZ for 2018 is closet to: A.2.29 B.2.25 C.2.34 C is correct.考点operating cash flow before interest antaxes解析Operating cash flow before interest antaxes=CFO+支付利息的现金+支付税的现金，这一题比较特殊，因为题目中说interest是属于financing activity的，不属于CFO，所以它没有在CFO中扣除。既然它没有在CFO中扣除，那也就不需要加回了.只需要加回tax即可，Operating cash flow before interest antaxes=8850+1850=10700将其除以EBIT得到10700/4579=2.34 ta x
NO.PZ2018111303000091 问题如下 Analyst collectethe financiinformation about PZ company in the following table:Analyst also collectethe cash flow information about PZ company in the following table:The CFF inclus cash paifor interest of 1260 anthe CFO inclus taxes of 1850 in 2018, please calculate the ratio of operating cash flow before interest antaxes to operating income for PZ for 2018 is closet to: A.2.29 B.2.25 C.2.34 C is correct.考点operating cash flow before interest antaxes解析Operating cash flow before interest antaxes=CFO+支付利息的现金+支付税的现金，这一题比较特殊，因为题目中说interest是属于financing activity的，不属于CFO，所以它没有在CFO中扣除。既然它没有在CFO中扣除，那也就不需要加回了.只需要加回tax即可，Operating cash flow before interest antaxes=8850+1850=10700将其除以EBIT得到10700/4579=2.34 题目那个位置说了interest属于financing activity？
NO.PZ2018111303000091 问题如下 Analyst collectethe financiinformation about PZ company in the following table:Analyst also collectethe cash flow information about PZ company in the following table:The CFF inclus cash paifor interest of 1260 anthe CFO inclus taxes of 1850 in 2018, please calculate the ratio of operating cash flow before interest antaxes to operating income for PZ for 2018 is closet to: A.2.29 B.2.25 C.2.34 C is correct.考点operating cash flow before interest antaxes解析Operating cash flow before interest antaxes=CFO+支付利息的现金+支付税的现金，这一题比较特殊，因为题目中说interest是属于financing activity的，不属于CFO，所以它没有在CFO中扣除。既然它没有在CFO中扣除，那也就不需要加回了.只需要加回tax即可，Operating cash flow before interest antaxes=8850+1850=10700将其除以EBIT得到10700/4579=2.34 题目中给的tax是 1850而损益表中NI和EBT之间的差值不是这个数字这是为什么？
NO.PZ2018111303000091问题如下 Analyst collectethe financiinformation about PZ company in the following table:Analyst also collectethe cash flow information about PZ company in the following table:The CFF inclus cash paifor interest of 1260 anthe CFO inclus taxes of 1850 in 2018, please calculate the ratio of operating cash flow before interest antaxes to operating income for PZ for 2018 is closet to: A.2.29B.2.25C.2.34 C is correct.考点operating cash flow before interest antaxes解析Operating cash flow before interest antaxes=CFO+支付利息的现金+支付税的现金，这一题比较特殊，因为题目中说interest是属于financing activity的，不属于CFO，所以它没有在CFO中扣除。既然它没有在CFO中扣除，那也就不需要加回了.只需要加回tax即可，Operating cash flow before interest antaxes=8850+1850=10700将其除以EBIT得到10700/4579=2.34 CFO已经inclus tax了 为什么还要再加税呢
