问题
单项选择题
An analyst does research about the financial leverage about a company and gathers the following information:
·Operating income is $180000
·Tax expense is $75000
·Interest expense is $80000
·Tax rate is 35%
The company's degree of financial leverage is closest to:
A. 1.4
B. 1.7
C. 1.8
答案
参考答案：C
解析： 财务杠杆系数(degree of financial leverage，简称DFL)的计算如下：
DFL=(ΔEPS/EPS)/(ΔEBIT/EBIT)=EBIT/(EBIT-interest expense)，由此得：
DFL=$180000/($J80000-$80000)=1.8。