"Financial Report":Scenario analysis

下载正保会计网校APP 订阅最新报考消息

来源: 正保会计网校编辑：小鞠橘桔 2020/11/12 14:17:40　字体：大小

学习是一个不断积累的过程，每天学习一点，每天进步一点！为了帮助大家更高效地备考2021年CFA考试，正保会计网校每日为大家上新CFA习题供大家练习。让网校与您一起高效备考2021年CFA考试，梦想成真！

Questions 1:

A company’s most recent balance sheet shows the following values (NZ$ thousands):

Financial Report:Scenario analysis

The company’s debt-to-capital ratio is closest to:

A 、0.77.

B、 1.86.

C 、0.65.

Questions 2:

An analysis used to forecast earnings that shows the changes in key financial quantities that result from alternative sets of economic events best describes which of the following techniques?

A 、Sensitivity analysis

B、 Simulation

C、 Scenario analysis

View answer resolution

【Answer to question 1】C

【analysis】

C is correct. The debt-to-capital ratio is

Financial Report:Scenario analysis

where total debt includes only interest-bearing debt.

A is incorrect. It includes current liabilities and other long-term liabilities as a part of total debt: [(3,800 + 5,590 + 800)/(3,800 + 5,590 + 800 + 1,200 + 1,810)] = 0.7719.

B is incorrect. It calculates long-term debt to equity: [5,590/(1,200 + 1,810)] = 1.86.

【Answer to question 2】C

【analysis】

C is correct. Scenario analysis shows the changes in key financial quantities that result from given economic events, such as the loss of customers or a catastrophic event.

A is incorrect. Sensitivity analysis, also known as “what if” analysis, shows the range of possible outcomes as specific assumptions are changed.

B is incorrect. Simulation is a computer-generated sensitivity or scenario analysis based on probability models for the factors that drive outcomes.

成功=时间+方法，自制力是这个等式的保障。世上无天才，高手都是来自刻苦的练习。而人们经常只看到“牛人”闪耀的成绩，其成绩背后无比寂寞的勤奋。小编相信，每天都在勤奋练习，即使是一点点的进步，大家一定可以成为人人称赞的“牛人”。更多CFA考试资讯，点击了解>

上一篇："Financial Report":Financial Analysis

下一篇："Financial Report":Understanding Income ...