NO.PZ201601200500001304
问题如下:
4. Hernández’s best response to Costa’s second question is that:
选项:
A.real tax savings from depreciation and real interest expense would be lower.
B.real tax savings from depreciation would be higher and real interest expense would be lower.
C.real tax savings from depreciation would be lower and real interest expense would be higher.
解释:
A is correct.
Higher than expected inflation increases the corporation’s real taxes because it reduces the value of the depreciation tax shelter; it also decreases the real interest expense because payments to bondholders in real terms are lower than expected.
老师,我想问一下,首先,Dep是根据历史成本计价的,那为什么会受到通胀的影响呢?