问题 单项选择题

An analyst gathers the following information ($millions) for two companies operating in the same industry during the same period:

A.

B.Company A

C.Company B

D.

net sales

total assets

total liabilities

E.

120

70

25

F.

300

140

40

答案

参考答案:A

解析:[分析] A公司的总资产周转率=销售额/资产总额=120/70=1.71 A公司的权益金额=资产总额-负债总额=70—25=45(百万美元) A公司的财务杠杆乘数=负债/权益=25/45=0.56 B公司的总资产周转率=销售额/资产总额=300/140=2.14 B公司的权益金额=资产总额-负债总额=140-40=100(百万美元) B公司的财务杠杆乘数=负债/权益=40/100=0.40 由上述计算结果可知,与B公司相比,A公司具有较低的总资产周转率和较高的财务杠杆乘数。 根据传统的杜邦分析法(三部分方法),有: 权益回报率(ROE)=净利润率×资产周转率×杠杆乘数 净利润率=权益回报率(ROE)/(资产周转率×杠杆乘数) A公司的净利润率=0.15/(1.71×0.56)=15.7% B公司的净利润率=0.15/(2.14×0.40)=17.5% 由上述计算结果可知,与B公司相比,A公司具有较低的净利润率。 [考点] 杜邦分析法的应用

阅读理解

Marlin Perkins’ keen interest in animals, especially snakes, brought him a lot of trouble when he was young. His landlady never excused him for keeping snakes in his closet. After two years of college, he left school and found a job in a zoo, sweeping the sidewalks for $3.50 a day. He was very happy about it because he could now watch animals and study them all day long. He soon became an official in charge of reptiles (爬行动物)and then director of the Buffalo Zoo.

Through his snake-hunting expeditions, Perkins won his fame as a snake expert. His love for snakes is such that he thinks of them in terms of (根据) personalities. However, snakes do not have the universal appeal as he wishes. Even Perkins’ most favorite animal Bushman, the 550-pound toughest African ape, was frightened by snakes. Bushman once escaped from his cage. Nothing could draw him back. Finally a keeper went to the reptile house, got three little snakes, and dangled (摇晃) them toward Bushman. The great ape nearly tore the place apart getting back to the safety of his cage.

Perkins likes all animals and takes more interest in them than many parents take in their own children. He keeps daily records on all the baby animals, takes their temperature and watches their diet strictly. Speaking about his success, Perkins sums up his philosophy of life as follows: “My life has taught me that the surest path to success is to find out what you most enjoy doing, then set out to do it.”

40.Perkins’ first zoo job was __________.

A. collecting snakes     B. sweeping sidewalks

C. looking after an ape   D. taking notes on animals

41.Bushman’s reaction (反映) suggests that ___________.

A. he was easy to be nervous   B. most people dislike animals

even animals dislike snakes  D. he was a tough animal to manage

42.Perkins believes the best way to success is to __________.

A. do what you like most     B.work hard at it

C.do what people don’t like   D.be brave enough

43. According to the passage, Marlin Perkins entered his life work through ______.

A. help      B.chance        C.choice      D.necessity

44.A good title for the passage would be ________.

A.Lovely Snakes                B.A Good Expert

C.Marlin Perkins’ world          D.Human’s Friend---Animal

单项选择题