关于DuPont system of analysis
notes 3 p277 五因素公式下面有一段话:
an increase in interest expense as proportion of EBIT will increase the interest burden. Increases in either the tax burden or the interest burden will tend to decrease ROE
而之前说EBT/EBIT is called the interest burden, net income/EBT is called the tax burden(1-tax rate)
不明白,为什么我理解的方向是反的呢? |
发表于 2013-8-18 11:54
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