开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)｜3.2.5(安卓)APP下载

返回

Evelynislost · 2020年09月13日

问一道题：NO.PZ2018103102000121

  1. CFA II
  2. Equity

问题如下：

Matt is evaluating the FCFF of Company M for the next year, which has an annual sale of $100 million. He has forecasted the relevant information in the following table. What`s the FCFF?

选项：

A.

$10.81 million

B.

$11.81 million

C.

$14.75 million

解释：

A is correct.

考点：Computing FCFF from Different Accounting Items

解析：先根据预算得到明年的EBIT，再根据公式FCFF = EBIT × (1-T) + Dep – Wcinv – Fcinv

计算FCFF

FCFF = 13.125*(1-30%) + 2.625 – 0.25 – 0.75 = $10.8125 million

为什么题目通过Gross profit margin计算出毛利润后才减去SG&A? 是否意味着Gross profit margin公式中的成本减项不包括SG&A; 仅包括COGS?

添加评论
1 个答案

Debrah_品职答疑助手 · 2020年09月14日

同学你好，毛利润仅扣除成本COGS，不扣除SG&A，毛利率也是相应的。

  • 1

    回答

  • 0

    关注

  • 535

    浏览
相关问题

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！

2024-08-16 21:03 3 · 回答

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？

2024-08-01 19:20 1 · 回答

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

2024-01-18 18:32 1 · 回答

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

2023-07-28 10:45 1 · 回答

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？

2023-04-04 23:51 1 · 回答