问题如下:
Golden airline company‘s total assets=$3,275,000, total debt=2,315,000. If Golden securitized $200,000 of account receivables to a SPE, please calculate the financial leverage:
选项:
A.2.58
B.3.02
C.3.62
解释:
C is correct.
考点:SPE
解析:
先写出公式,leverage ratio=total assets/total equity
然后分析一下题干,如果G公司想要把AR资产证券化,那么资产和负债就会增加200,000
公司的Equity是不受影响的。equity=3275000-2,315,000=960000
所以把AR资产证券之后,leverage ratio=(3,275,000+200,000)/960,000=3.62
A/E叫financial leverage ratio,那请问D/E叫什么ratio啊?