[CFA level 1模拟真题]Version 5 Questions－Q30 equity

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Q30.  Assume U.S. GAAF (generally accepted accounting principles) applies unless otherwise noted. An analyst suspects that a particular company's financial statements may require adjustment because the company uses take-or-pay agreements. The most likely effect of the appropriate adjustments on the company's return on assets (ROA) and debt – to – equity ratio, respectively, would be:

	ROA	Debt-to-equity ratio
A	Increase	Increase
B	Increase	Decrease
C	Decrease	Increase
D	Decrease	Decrease

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答案详解如下：

Q30.  C   Study Session   10.46-c

The adjustment would increase both assets and debt. The increase in assets would reduce the return on assets and the increase in debt would increase the debt-to-equity ratio.

liquidn

??

huobangni

b

terryquinn

take or pay....

fantasy_ln

11

technet

c

ondesert

c

roger88

thanks

一只船

e