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

扑扑扑 · 2020年11月16日

问一道题：NO.PZ2018062004000129

  1. CFA I
  2. FRA

问题如下：

What conclusion can be drawn according to the following table?

选项：

A.

The company’s total asset turnover may increase and its leverage may decrease.

B.

The company’s total asset turnover may increase and its leverage may increase.

C.

The company’s total asset turnover may decrease and its leverage may increase.

解释：

C is correct.According to DuPont analysis,ROE=ROA*Leverage=Net profit margin*Total asset turnover*Leverage.Since ROE increased and ROA decreased,leverage would increase.Since net profit margin increased and ROA decreased,total asset turnover might decrease.

老师，这题可以麻烦讲解一下吗？没太绕过来。。

添加评论
1 个答案

Olive_品职助教 · 2020年11月18日

嗨，努力学习的PZer你好：


之前这个解答同学看一下：https://class.pzacademy.com/qa/24712

我也把关键内容复制到下面：

总资产周转率=revenue/asset

ROA=NI/ASSET=NI/REVENUE *(REVENUE/ASSET)=net profit margin*total asset turnover

ROA在下降，而net profit margin在上升，所以只有可能是total asset turnover下降导致的ROA的下降

 


-------------------------------
加油吧，让我们一起遇见更好的自己！


  • 1

    回答

  • 2

    关注

  • 665

    浏览
相关问题

NO.PZ2018062004000129 问题如下 Whconclusion cawn accorng to the following table? A.The company’s totasset turnover mincrease anits leverage mcrease. B.The company’s totasset turnover mincrease anits leverage mincrease. C.The company’s totasset turnover mcrease anits leverage mincrease. C is correct.Accorng to Pont analysis,ROE=ROA*Leverage=Net profit margin*Totasset turnover*Leverage.SinROE increaseanROA creaseleverage woulincrease.Sinnet profit margin increaseanROA creasetotasset turnover might crease. 为什么“Sinnet profit margin increaseanROA creasetotasset turnover might crease.”？ROE=npm*at*l，这里ROE是增长，npm也是增长，l也是增长，怎么推断出的at也是增长哦，减少不也可以吗？

2024-11-08 23:32 1 · 回答

NO.PZ2018062004000129 问题如下 Whconclusion cawn accorng to the following table? A.The company’s totasset turnover mincrease anits leverage mcrease. B.The company’s totasset turnover mincrease anits leverage mincrease. C.The company’s totasset turnover mcrease anits leverage mincrease. C is correct.Accorng to Pont analysis,ROE=ROA*Leverage=Net profit margin*Totasset turnover*Leverage.SinROE increaseanROA creaseleverage woulincrease.Sinnet profit margin increaseanROA creasetotasset turnover might crease. 题目中出现leverage就是financileverage吗？

2024-10-16 23:01 1 · 回答

NO.PZ2018062004000129 问题如下 Whconclusion cawn accorng to the following table? A.The company’s totasset turnover mincrease anits leverage mcrease. B.The company’s totasset turnover mincrease anits leverage mincrease. C.The company’s totasset turnover mcrease anits leverage mincrease. C is correct.Accorng to Pont analysis,ROE=ROA*Leverage=Net profit margin*Totasset turnover*Leverage.SinROE increaseanROA creaseleverage woulincrease.Sinnet profit margin increaseanROA creasetotasset turnover might crease. Asset turnover=Revense/Asset 因为Libility 增加， 所以Asset应该也是增加， 但是Revenue的变化怎么推断呢？

2024-05-11 12:48 1 · 回答

NO.PZ2018062004000129 问题如下 Whconclusion cawn accorng to the following table? A.The company’s totasset turnover mincrease anits leverage mcrease. B.The company’s totasset turnover mincrease anits leverage mincrease. C.The company’s totasset turnover mcrease anits leverage mincrease. C is correct.Accorng to Pont analysis,ROE=ROA*Leverage=Net profit margin*Totasset turnover*Leverage.SinROE increaseanROA creaseleverage woulincrease.Sinnet profit margin increaseanROA creasetotasset turnover might crease.

2024-02-22 18:12 1 · 回答

NO.PZ2018062004000129 问题如下 Whconclusion cawn accorng to the following table? A.The company’s totasset turnover mincrease anits leverage mcrease. B.The company’s totasset turnover mincrease anits leverage mincrease. C.The company’s totasset turnover mcrease anits leverage mincrease. C is correct.Accorng to Pont analysis,ROE=ROA*Leverage=Net profit margin*Totasset turnover*Leverage.SinROE increaseanROA creaseleverage woulincrease.Sinnet profit margin increaseanROA creasetotasset turnover might crease. 在本题的数据中，2016年的ROA大于ROE，这种情况可能吗？

2023-01-10 13:30 1 · 回答