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扑扑扑 · 2020年12月01日

问一道题:NO.PZ2016021706000033

问题如下:

Financial risk is the variability of:

选项:

A.

earning per share and book value per share.

B.

book value per share and earning before interest and tax.

C.

earning per share and earning before interest and tax.

解释:

C is correct.

Financial risk refers to the additional risk that the firm's common stockholders must bear when a firm uses debt financing. Financial risk is the variability of earning per share and earning before interest and tax.

emmm没太懂。C选项应该是DFL的定义式?为什么说它是financial risk的定义??

1 个答案
已采纳答案

王琛_品职助教 · 2020年12月02日

- 亲,因为 DFL 是为了量化 financial risk 的,所以关注的变量是相同的,都是 EPS 和 EBIT
- 就像 DOL 是量化 operating risk 一样哈
- "DOL is a quantitative measure of operating risk"
- "We can quantify financial risk in the same way we did for operating risk,"