问一道题：NO.PZ2018103102000121

NO.PZ2018103102000121问题如下 Matt is evaluating the FCFF of Company M for the next year, whihannusale of $100 million. He hforecastethe relevant information in the following table. What`s the FCFF? $10.81 million $11.81 million $14.75 million A is correct.考点Computing FCFF from fferent Accounting Items解析先根据预算得到明年的EBIT，再根据公式FCFF = EBIT × (1-T) + p – Wcinv – Fcinv计算FCFFFCFF = 13.125*(1-30%) + 2.625 – 0.25 – 0.75 = $10.8125 million 做题的时候没有一个清晰的公式概念，不知道EBIT怎么求。。能不能帮忙列出来从Revenue到EBIT到EBIT经常会用到的公式，感谢！

NO.PZ2018103102000121 问题如下 Matt is evaluating the FCFF of Company M for the next year, whihannusale of $100 million. He hforecastethe relevant information in the following table. What`s the FCFF? $10.81 million $11.81 million $14.75 million A is correct.考点Computing FCFF from fferent Accounting Items解析先根据预算得到明年的EBIT，再根据公式FCFF = EBIT × (1-T) + p – Wcinv – Fcinv计算FCFFFCFF = 13.125*(1-30%) + 2.625 – 0.25 – 0.75 = $10.8125 million 这道题为什么在求EBIT的时候要用毛利-preciation-SG A？A不是资产负债表的科目么？和求净利润有什么关系？

NO.PZ2018103102000121问题如下 Matt is evaluating the FCFF of Company M for the next year, whihannusale of $100 million. He hforecastethe relevant information in the following table. What`s the FCFF? $10.81 million $11.81 million $14.75 million A is correct.考点Computing FCFF from fferent Accounting Items解析先根据预算得到明年的EBIT，再根据公式FCFF = EBIT × (1-T) + p – Wcinv – Fcinv计算FCFFFCFF = 13.125*(1-30%) + 2.625 – 0.25 – 0.75 = $10.8125 millionebit怎么算出来的

NO.PZ2018103102000121 问题如下 Matt is evaluating the FCFF of Company M for the next year, whihannusale of $100 million. He hforecastethe relevant information in the following table. What`s the FCFF? $10.81 million $11.81 million $14.75 million A is correct.考点Computing FCFF from fferent Accounting Items解析先根据预算得到明年的EBIT，再根据公式FCFF = EBIT × (1-T) + p – Wcinv – Fcinv计算FCFFFCFF = 13.125*(1-30%) + 2.625 – 0.25 – 0.75 = $10.8125 million Matt is evaluating the FCFF of Company M for the next year, whihannusale of $100 million。whihas修饰了FCFF of Company M for the next year，100可能就是next year的值。incremental可以按100-100/（1+5%）算

NO.PZ2018103102000121 问题如下 Matt is evaluating the FCFF of Company M for the next year, whihannusale of $100 million. He hforecastethe relevant information in the following table. What`s the FCFF? $10.81 million $11.81 million $14.75 million A is correct.考点Computing FCFF from fferent Accounting Items解析先根据预算得到明年的EBIT，再根据公式FCFF = EBIT × (1-T) + p – Wcinv – Fcinv计算FCFFFCFF = 13.125*(1-30%) + 2.625 – 0.25 – 0.75 = $10.8125 million 如题，答案中毛利-SG A-折旧得出EBIT，折旧不是减重复了？