|
- UID
- 223355
- 帖子
- 249
- 主题
- 39
- 注册时间
- 2011-7-11
- 最后登录
- 2013-8-23
|
Interest coverage ratio not affected by the investment in as
Hi Guys.
I am a bit confused with CFA book Reading 28 EOC question 8 (page 468).
Is interest coverage ratio really not affected by the investment in associates?
I decreased Colorfull Concept EBIT with 21 (20% share in Exotic Imports NI = 105*0.20).
Can you let me know why is CFA not adjusting Colorfull’s EBITwhen exluding the investment in associates?
Thanks in advance. |
|
发表于 2013-4-5 22:45
|