|
- UID
- 223370
- 帖子
- 289
- 主题
- 47
- 注册时间
- 2011-7-11
- 最后登录
- 2014-7-24
|
CFAI EOC Book 5 Chap 51 Q35 P220
This is pretty frustrating..
The question asked what FFO/Total Debt and FOCF over total debt indicates, or "what conclusion should be drawn"
The eoc's on number 33 specifically asks what FFO/TD is, which is 12.02% dramatically down from the 2008 rate of 20.62.
I show FOCF/TD being 156 (given)/5517 = .0283, significantly down from 2008's 20.62%
the answer on P 227 says the financial flexibility improved because the FFO/TD and FOCF/TD have been increasing. Which they have not.
What am I missing? |
|
发表于 2011-7-13 15:20
|