问题 单项选择题

All of the following variables affect the price-to-cash flow ratio EXCEPT:()

A. dividend rate.

B. depreciation rate.

C. growth rate.

答案

参考答案:A

解析:

Including dividends and capital expenditures would be free cash flow. Normally cash flow from operations is used in price-to-cash flow ratios. Dividends do not affect the calculation.

选择题
单项选择题