问题如下：
2. What is EP during Year 1?
选项：
A.12,101.
B.6,000.
C.8,000.
解释：
EP = NOPAT $WACC
NOPAT = EBIT(1 Tax rate) = 30,000(1 0.40) = 18,000
$WACC = WACC × Capital = 0.12(200,000) = 24,000
EP = 18,000 24,000 = 6,000
这算出来的EP应该是-6000吧？
NO.PZ201601200500001102 老师这里写的是EVA,那MVA又是什么呀？
NO.PZ201601200500001102 –-6,000. 6,000. EP = NOP– $WANOP= EBIT(1 – Trate) = 30,000(1 – 0.40) = 18,000 $WA= WA× Capit= 0.12(200,000) = 24,000 EP = 18,000 – -24,000 = - –6,000这个20000是怎么来的?为啥它就是capital?
–-6,000. 6,000. EP = NOP– $WANOP= EBIT(1 – Trate) = 30,000(1 – 0.40) = 18,000 $WA= WA× Capit= 0.12(200,000) = 24,000 EP = 18,000 – -24,000 = - –6,000这里的capital可以理解为前一年的资产么？怎么理解？
EBIT不是归属股东的利润吗？Capital应该是net的吧，也就是equity
–-6,000. 6,000. EP = NOP– $WANOP= EBIT(1 – Trate) = 30,000(1 – 0.40) = 18,000 $WA= WA× Capit= 0.12(200,000) = 24,000 EP = 18,000 – -24,000 = - –6,000請問這道題，無論計算哪一年的EP，$WACC都等于200K*0.12吗？
