[{"data":1,"prerenderedAt":42},["ShallowReactive",2],{"q-sec_sr_finance-114-3-015":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":22},"sec_sr_finance","證券商高級業務員資格測驗——證券投資與財務分析(試卷「財務分析」)","c7",{"id":8,"exam":4,"session":9,"qno":10,"question":11,"options":12,"answer":17,"chapter":18,"freq":19,"explanation":20,"difficulty":21},"sec_sr_finance-114-3-015","114-3",15,"羅斯福公司在無負債的狀況下，其稅前總資產報酬率為 22%。若不考慮稅負，且該公司負債與權益比率為 0.2，利率為 2%，則其權益報酬率為何？",[13,14,15,16],"26%","27.8%","23.9%","17.25%",0,"杜邦分析與綜合評估",1,"在不考慮稅負下,舉債後的權益報酬率可用槓桿公式:ROE=ROA+(ROA−利率)×負債權益比。題目無負債時稅前總資產報酬率 ROA 為 22%,負債權益比 0.2,利率 2%,代入得 22%+(22%−2%)×0.2=22%+20%×0.2=22%+4%=26%,故(A)正確。此式意涵是:只要資產報酬率高於借款利率,舉債會透過財務槓桿放大股東報酬。其餘選項多半在槓桿加成項(ROA−利率)或負債權益比的乘法上算錯,才會得到 27.8%、23.9% 或 17.25% 等數值。","hard",[23,27,31,35,39],{"id":24,"question":25,"qno":26},"sec_sr_finance-114-3-033","甲公司今年的純益率為 11.4%，資產週轉率 1.34，權益比率 0.67，則該公司今年度的權益報酬率(ROE)為多少（假設公司未舉債）？",33,{"id":28,"question":29,"qno":30},"sec_sr_finance-114-3-035","福德公司財務報表顯示：在 X1 年並無付息負債，淨利率為 8%、資產週轉率為 2、平均資產總額為$2,000,000、平均權益為$1,280,000。請問：該公司在 X1 年之權益報酬率為多少？",35,{"id":32,"question":33,"qno":34},"sec_sr_finance-115-1-016","岡山公司 X1 年的資產週轉率為 4 倍，當年度總銷貨收入$1,000,000。如果當年度的淨利為$80,000，請問該公司 X1 年的資產報酬率為（不考慮稅負）：",16,{"id":36,"question":37,"qno":38},"sec_sr_finance-115-2-014","偉鈞公司的總資產報酬率為 12%，淨利率為 6%，淨銷貨收入為$200,000，試問平均總資產為多少？(假設公司未舉債)",14,{"id":40,"question":41,"qno":10},"sec_sr_finance-115-2-015","下列作法何者能使公司之權益報酬率(ROE)提高？(各作法為獨立情況)甲.降低營業費用率；乙.提高資產使用率；丙.降低負債利率",1787293959765]