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31. 绫岃硣绺介鍒嗙晫榛烇細BPi=TFi/Wi
寮忎腑锛欱Pi 鐐虹睂璩囩附椤嶅垎鐣岄粸;TFi 鐐虹 i 绋睂璩囨柟寮忕殑鎴愭湰鍒嗙晫榛�;Wi 鐐虹洰妯欒硣閲戠祼妲嬩腑
绗� i 绋睂璩囨柟寮忔墍鍗犳瘮渚�
32. 閭婇殯璨㈢嵒锛歁=(p-b)x=m*x
寮忎腑锛歁 鐐洪倞闅涜并鐛�;p 鐐洪姺鍞柈鍍�;b 鐐哄柈浣嶈畩鍕辨垚鏈�;m 鐐哄柈浣嶉倞闅涜并鐛�;x 鐐虹敘(ch菐n)閵烽噺
33. 鎭▍鍓嶅埄娼わ細EBIT=(p-b)x-a=M-a
34. 缍�(j墨ng)鐕熸潬妗匡細DOL=M/EBIT=M/(M-a)
35. 璨″嫏鏉犳】锛欴FL=EBIT/(EBIT-I)
36. 寰╁悎鏉犳】锛欴CL=DOL*DFL=M/[EBIT-I-d/(1-T)]www.edu24ol.com/
37. 姣忚偂鍒╂饯鐒″樊鐣伴粸鍒嗘瀽鍏紡锛�
[(EBIT-I1)(1-T)-D1]/N1=[(EBIT-I2)(1-T)-D2]/N2
鐣� EBIT 澶т簬姣忚偂鍒╂饯鐒″樊鐣伴粸鏅�锛屽埄鐢ㄨ矤鍌甸泦璩囪純鐐烘湁鍒�;鐣� EBIT 灏忎簬姣忚偂鍒╂饯鐒″樊鐣伴粸鏅�锛屽埄鐢ㄧ櫦(f膩)琛屾櫘閫氳偂闆嗚硣杓冪偤鏈夊埄
38. 鍏徃鐨勫競鍫寸附鍍瑰€�=鑲$エ鐨勭附鍍瑰€�+鍌靛埜鐨勫児鍊� 鑲$エ甯傚牬鍍规牸=(鎭▍鍓嶅埄娼�-鍒╂伅)*(1-鎵€寰楃▍绋呯巼)/鏅€氳偂鎴愭湰
寮忎腑锛氭櫘閫氳偂鎴愭湰 Kc=RF+β(Rm-RF)
39. 鎶曡硣绲勫悎鐨勬湡鏈涙敹鐩婄巼锛歊P=∑WjRj
40. 鍗�(xi茅)鏂瑰樊锛欳ov(R1,R2)=1/n ∑(R1i-R1)( R2i-R2)
41. 鐩搁棞绯绘暩(sh霉)锛�ρ12=Cov(R1,R2)/(σ1σ2)
42. 鍏╃ó璩囩敘(ch菐n)绲勫悎鑰屾垚鐨勬姇璩囩祫鍚堟敹鐩婄巼鐨勬婧栧樊锛�σP=[W12 σ12+ W22 σ22+2W1 σ1 Cov(R1,R2)]1/2
43. 鎶曡硣绲勫悎鐨�β绯绘暩(sh霉)锛�βP=∑Wiβi
44. 缍�(j墨ng)鐕熸湡鐝�(xi脿n)閲戞祦閲忕殑瑷堢畻锛氱稉(j墨ng)鐕熸湡鏌愬勾鍑堢従(xi脿n)閲戞祦閲�=瑭插勾鍒╂饯+瑭插勾鎶樿垔+瑭插勾鏀ら姺+瑭插勾鍒╂伅+瑭插勾鍥炴敹椤�
45. 闈滄厠(t脿i)瑭曞児鎸囨锛�
鎶曡硣鍒╂饯鐜�=骞村钩鍧囧埄娼ら/鎶曡硣绺介 x100%
涓嶅寘鎷缓瑷湡鐨勬姇璩囧洖鏀舵湡=鍘熷鎶曡硣椤�/鎶曠敘(ch菐n)鑻ュ共骞存瘡骞寸浉绛夌殑鐝�(xi脿n)閲戝噲娴侀噺
鍖呮嫭寤鸿ō鏈熺殑鎶曡硣鍥炴敹鏈�=涓嶅寘鎷缓瑷湡鐨勬姇璩囧洖鏀舵湡+寤鸿ō鏈�
46. 鍕辨厠(t脿i)瑭曞児鎸囨锛�
鍑堢従(xi脿n)鍊�(NPV)=-鍘熷鎶曡硣椤�+鎶曠敘(ch菐n)鍚庢瘡骞寸浉绛夌殑鍑堢従(xi脿n)閲戞祦閲� x 骞撮噾鐝�(xi脿n)鍊肩郴鏁�(sh霉)
鍑堢従(xi脿n)鍊肩巼(NPVR)=鎶曡硣闋呯洰鍑堢従(xi脿n)鍊�/鍘熷鎶曡硣鐝�(xi脿n)鍊� x100%
鐛插埄鎸囨暩(sh霉)(PI)=鎶曠敘(ch菐n)鍚庡悇骞村噲鐝�(xi脿n)閲戞祦閲忕殑鐝�(xi脿n)鍊煎悎瑷�/鍘熷鎶曡硣鐨勭従(xi脿n)鍊煎悎瑷�=1+鍑堢従(xi脿n)鍊肩巼 (NPVR)
鍏ч儴鏀剁泭鐜�=IRR
(P/A锛孖RR锛宯)=I/NCF 寮忎腑锛欼 鐐哄師濮嬫姇璩囬
47. 鐭湡璀夊埜鍒版湡鏀剁泭鐜囷細K=[璀夊埜骞村埄鎭�+(璀夊埜璩e嚭鍍�-璀夊埜璨峰叆鍍�)÷鍒版湡骞撮檺]/璀夊埜璨峰叆鍍� *100%
48. 闀锋湡鍌靛埜鏀剁泭鐜囷細
V=I*(P/A锛宨锛宯)+F*(P/F锛宨锛宯)
寮忎腑锛歏 鐐哄偟鍒哥殑璩艰卜鍍规牸
49. 鑲$エ鎶曡硣鏀剁泭鐜囷細
V=Σ(t=1~n)Dt/(1+i)t+F/(1+i)n
50. 闀锋湡鎸佹湁鑲$エ锛岃偂鍒╃┅(w臎n)瀹氫笉璁婄殑鑲$エ浼板児妯″瀷锛歏=D/K
寮忎腑锛歏 鐐鸿偂绁ㄥ収鍦ㄥ児鍊�;D 鐐烘瘡骞村浐瀹氳偂鍒�;K 鐐烘姇璩囦汉瑕佹眰鐨勬敹鐩婄巼
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