[CFA L2]协会Mock Exam-Morning Session的第32题
关于CFA协会Mock Exam-Morning Session的第32题：
32. Immediately after the acquisition, Merick’s current ratio would most likely be lowest under which method?
A. Equity
B. Consolidation
C. Proportionate consolidation
Answer: A
The balance sheet presented includes the investment in Lisam at cost, which, at the date of acquisition, would be the same as the equity method. Because Lisam’s current ratio is higher than Merick’s either of Consolidation or Proportionate Consolidation will increase Merick’s current ratio.
Merick
(Equity) Lisam Consolidation Proportionate
Consolidation
(only 50% of Lisam added)
Current Assets $1,000 $600 1,600 1,300
Current Liabilities $400 $200 600 500
Current Ratio 2.5 3.0 2.67 2.6
请问为什么三种方法下的Current Assets都没有扣除purchase price of $500million in cash(文章的第五到第六行)? |
发表于 2013-9-11 16:03
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