Corporate Finance - Ross, Westerfield Questions and CORRECT Answers

Equity Multiplier 权益乘数，又叫普通杠杆率 - Total Assets/Total Equity 通过向普通股股东融资所获得的资产与全部资产的比例 Total Asset Turnover - Sales/Total Assets profit margin - Net Income/Sales ROE - Net Income/Total Equity Market Capitalization - share price * number of shares outstanding Enterprise Value (EV) - Market Capitalization + Market Value of Interest Bearing Debt - Cash PE multiple or PE ratio - price per share/net income per share EBITDA - Earnings before interest, taxes, depreciation, and amortization (EBIT+Depreciation/Amortization) EV Multiple 企业价值倍数 - Enterprise Value / EBITDA （是一家公司企业价值相对 其年度EBITDA的财务比率） Debt-equity ratio - Total debt / Total equity Equity Multiplier - Average Total Assets / Average Shareholders' Equity DuPont Identity - ROE = profit margin x total asset turnover x equity multiplier EFN - External Financing Needed EFN calculation - Projected increase in assets - projected increase in liabilities - projected net income x retention ratio DuPont Analysis - (Net Income / Sales) x (Sales / Average Assets) x (Average Assets / Average Equity) common size balance sheet - Compute all accounts as a percent of total assets Common Size Income Statement - all items on the income statement are expressed as a percentage of revenues TTM - trailing twelve months