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大大大可乐 · 2020年12月03日

问一道题:NO.PZ201806202000001801

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问题如下:

According to Exhibits 1–3, compared with Company Y, Company X has a lower:

选项:

A.

free cash flow after dividends/debt ratio.

B.

debt/capital ratio.

C.

EBITDA/interest expense ratio.

解释:

C is correct.

As shown in the following table, we can know that compared with Company Y, Company X has a lower ratio of EBITDA/interest expense.

想问一下答案中capital的数字是怎么得出来的?具体指working capital与fixed capital之和吗?

1 个答案

吴昊_品职助教 · 2020年12月04日

同学你好:

capital=debt+equity=short-term debt+long-term debt+equity

=1.2+13.9+1.3

=16.4

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