NO.PZ201601200500003301
问题如下:
1. In investors’ minds, Wilson’s share buyback could be a signal that the company:
选项:
A.is decreasing its financial leverage.
B.views its shares as undervalued in the marketplace.
C.has more investment opportunities than it could fund internally.
解释:
B is correct.
Management sometimes undertakes share repurchases when it views shares as being undervalued in the marketplace.
请问A选项怎么理解 ?这里的financial leverage指的是A/E,还是D/E?
如果buy back shares,equity应该降低吧。