红豆生南国 · 2020年05月26日
问题如下：
Goodluck Co. has an operating profit margin of 10%, asset turnover ratio of 1.5, financial leverage multiplier of 1.6 times, and interest burden of 0.8. Company's ROE is 0.144, please calculate the company's average tax rate.
选项：
A.25%
B.75%
C.65%.
解释：
A is correct.
tax burden=0.144/(0.8 x 0.1 x 1.5x 1.6)=0.75
average tax rate =1-0.75=0.25.
tax burden 和 tax rate 有啥关系？
NO.PZ2016012102000099 问题如下 GoouCo. hoperating profit margin of 10%, asset turnover ratio of 1.5, financileverage multiplier of 1.6 times, aninterest burn of 0.8. Company's ROE is 0.144, please calculate the company's average trate. A.25% B.75% C.65%. A is correct.tburn=0.144/(0.8 x 0.1 x 1.5x 1.6)=0.75average trate =1-0.75=0.25. 可以一下tburn 的意思吗？
NO.PZ2016012102000099 问题如下 GoouCo. hoperating profit margin of 10%, asset turnover ratio of 1.5, financileverage multiplier of 1.6 times, aninterest burn of 0.8. Company's ROE is 0.144, please calculate the company's average trate. A.25% B.75% C.65%. A is correct.tburn=0.144/(0.8 x 0.1 x 1.5x 1.6)=0.75average trate =1-0.75=0.25. 75%算出来了，平均要用1-75%？还有这种题net revenue跟sales是相等的吗
从杜邦五分上，我不理解怎么推出来1 - burn = trate 杜邦五分第一项是 NI / ENI 我理解就是 E里的 earning 那么 NI + t= E而 NI / E是 tburn，所以 1-tburn= 1- NI/E= tax/E那么问题来了，为啥 t/ E就是 trate 了呢？ trate 不是应该是 t/ revenue 么？
老师您好，公式里应该乘以EBIT margin，但是题里给的是operating profit margin，所以不应该直接乘以0.1？可以一下吗？
