总资本利润率
Operating profit theoretical assumed that when enterprise debt ratio increases, the debt tax shield benefits brought about by increased liabilities of just being caused by the cost of equity capital, offset by an increase, the total value of the company remain unchanged.
营业净利理论假设:当企业负债比例增加时,负债带来的税盾效应刚好被负债增加所引起的股权资本成本的上升所抵消,公司总价值不变。
Therefore, total management to concerned value chains, including profit tables and capital debt tables, can be set up on further analyzing the repaying ratio of capitalized cost to economic profits and other indexes, etc.
对经济利润的投资资本回报率等指标进一步分解,可形成对利润表和资产负债表相关价值链的全员全过程的全面系统管理。
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