18.3还是不明白为何profit对s
2014-11-04 21:57:02 来源：
18.3 Which ONE of the following would be implied by an increase in a company’s operating gearing ratio?
A The company has a greater proportion of costs that are variable
B The company has profits which are more sensitive to changes in sales volume
C The company is more profitable
D The company is less risky
B
A firm that has high operating gearing has relatively high fixed costs and relatively low variable operating costs. In this case an increase in sales revenues will have a relatively large impact on operating profit.
【提问内容】18.3还是不明白为何profit对sales volumn敏感，interest就高。。sales margin-interest=profit 然后。。？A The company has a greater proportion of costs that are variable
B The company has profits which are more sensitive to changes in sales volume
C The company is more profitable
D The company is less risky
B
A firm that has high operating gearing has relatively high fixed costs and relatively low variable operating costs. In this case an increase in sales revenues will have a relatively large impact on operating profit.
【回复内容】您的问题答复如下：
A firm that has high operating gearing has relatively high fixed costs and relatively low variable operating costs.
也就是说如果固定成本占得比重比较大，那么如果卖出的数量较少，那么每一个摊的的固定成本就高。那么资产利润就会便低。故profit比较sensitive