问题:
A . 11%
B . 12%
C . 25%
● 参考解析
选项"b"正确。先计算总权益: 负债比率=带息负债/总资产 总资产=负债/负债率=$3,500/0.175=$20,000 权益=资产-总负债=$20,000−5,000=$15,000 然后计算ROA: 净收益=ROE×权益 =0.16×$15,00 =$2,400 ROA=净收益/总资产 =$2,400/$20,000=12% 另一种算法: 权益乘数=资产/权益=$20,000/$15,000=1.3333 ROE=ROA×权益乘数 16%=ROA×1.3333 ROA=12%