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Rafael · 2020年02月16日

问一道题:NO.PZ201710200200000101

* 问题详情,请 查看题干

问题如下:

1. Using the economic balance sheet approach, the Laws’ economic net worth is closest to:

选项:

A.

$925,000.

B.

$1,425,000.

C.

$1,675,000.

解释:

A is correct.

The Laws’ economic net worth is closest to $925,000. An economic balance sheet includes conventional financial assets and liabilities, as well as extended portfolio assets and liabilities that are relevant in making asset allocation decisions. The economic balance sheet for the Law family is shown in the following exhibit.

Economic net worth is equal to total economic assets minus total economic liabilities

($2,675,000 – $1,750,000 = $925,000).

请问这道题,之前记的笔记是Economic Net Worth=Financial Asset-Financial Liability Only, 而Economic Net Wealth才是含Extended Wealth的?


是我的笔记记错了吗,这个知识点具体在讲义哪里呢也没有找到。


求解答。

Rafael · 2020年02月16日

https://www.reddit.com/r/CFA/comments/8rte16/l3_net_worth_vs_net_wealth/ 而且我之前对这个问题也谷歌了很多,现在查了一遍感觉也都是普遍认为Net Worth就是传统B/S?

1 个答案

Shimin_CPA税法主讲、CFA教研 · 2020年02月17日

嗨,努力学习的PZer你好:


这几个名词,个人IPS和AA中很容易混淆:

在个人IPS中,

Net worth 是traditional BS 中的概念,= traditionall assets - traditional liabilities

Net wealth 是economic BS 中的概念, = economic assets - economic liabilities

在AA中,

Economic Net Worth (注意前面多了economic 这个单词),等同于个人IPS中的Net wealth。所以使用economic assets - economic liabilities来计算的。


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