问题 问答题

已知环宇公司有关资料如下:
                          环宇公司资产负债表
                            2005年12月31日            单位:万元

资产 年初 年未 负债与所有者权益 的初 年未
 流动资产:
  货币资金
  应收账款净额
  存货
  待摊费用
 流动资产合计
 固定资产净值
50
60
92
23
225
475
45
90
144
36
315
385
 流动负债合计
 长期负债合计
 负债合计

 所有者权益合计
 
105
245
350


350
150
200
350

350
 总计 700 700  总计 700 700

同时,该公司2004年度主营业务利润率为16%,总资产周转率为0.5次,权益乘数为2.5,净资产收益率为20%,2005年度主营业务收入为350万元,净利润为63万元。
要求根据上述资料:
(1) 计算2005年年末的流动比率、速动比率、资产负债率和权益乘数。
(2) 计算2005年总资产周转率、主营业务利润率和净资产收益率。
(3) 分析主营业务利润率、总资产周转率和权益乘数变动对净资产收益率的影响。

答案

参考答案:

[答案及解析]

(1) 流动比率=315÷150=2.1

速动比率=(315-144-36)÷150=0.9

资产负债率=350÷700=0.5

权益乘数=1÷(1-0.5)=2

净资产收益率=18%×0.5×2=18%

(3) 主营业务利润率变动对净资产收益率变动的影响:

(18%-16%)×0.5×2.5=2.5%

总资产周转率变动对净资产收益率变动的影响:

18%×(0.5-0.5)×2.5=0

权益乘数变动对净资产收益率变动的影响:

18%×0.5×(2-2.5)=-4.5%

阅读理解

■Ruffi Ruff! Where's Scruff?

Reading level: Baby—reschool

Hardcover: 16 pages

Language: English

Availability: In Stock.Sold by Amazon-com.Gift—wrap available.

Book Description: It's bath time for Scruff.But does anyone know where he's hiding? Have the cows seen him? Moo—no! How about the pigs? Oink—no! But not for toddlers.If they look carefully, they'll find Scruffhiding on every pop—up page!

■You and Me, Baby

Reading level: Baby—Grade 1

Hardcover: 40 pages

Language: English

Availability: In Stock.Ships from and sold byAmazon.com.Gift—wrap available.

Only 4 left in stock—rder soon.

■The Giving Tree

Reading level: Ages 4~8

Hardcover: 64 pages

Language: English

Availability: Sold all the year round and choose One—Day Shipping at checkout.

Book Description: Once there was a tree...and she loved a little boy.Every day the boy would come to the tree to eat her apples, swing from her branches, or slide down her trunk...and the tree was happy.

■Where the Wild Things Are

Reading level: Ages 6~10

Hardcover Comic: 62 pages

Language: English

Availability: In Stock.Ships from and Sold by Amazon-com.Gift—wrap available.Order it at once, and choose One—Day Shipping at checkout.

■Goodnight Moon(Board book)

Reading level: Baby—Preschool

Board book: 30 pages

Language: English

Availability: In Stock.Ships from and sold by Amazon-com.

Book description: Perhaps the perfect children's bedtime book.Goodnight Moon is a short poem of goodnight wishes from a young rabbit.He says goodnight to every object in sight and within earshot, including the "quiet old lady whispering hush."

小题1:If you want a book for an eight-year-old, which one will you choose?

A.You and Me, Baby

B.Where the Wild Things Are

C.Goodnight Moon

D.Ruffi Ruff! Where's Scruff?小题2:The sentence "But as the boy grew older he began to want more from the tree, and the tree gave and gave and gave…" most probably corns from       .

A.Where the Wild Things Are

B.Goodnight Moon

C.Ruff! Ruff! Where's Scruff?

D.The Giving Tree小题3:The sellers will provide the service of wrapping except _____.

A.Where the Wild Things Are

B.You and Me, Baby

C.RuffS Ruff! Where's Scrufl?

D.Goodnight Moon小题4:Which book has the most pages?

A.The Giving Tree

B.You and Me, Baby

C.Goodnight Moon

D.Where the Wild Things Are小题5:The expression "In Stock" in the above paragraphs probably means "____".

A.abundant

B.secure

C.available

D.valid

单项选择题