{"id":24917,"date":"2026-07-07T12:18:55","date_gmt":"2026-07-07T04:18:55","guid":{"rendered":"https:\/\/openhub365.cn\/?p=24917"},"modified":"2026-07-14T10:05:18","modified_gmt":"2026-07-14T02:05:18","slug":"73-%e5%95%86%e5%8a%a1%e8%8b%b1%e8%af%ad%ef%bc%9a%e8%b4%a2%e5%8a%a1%e5%88%86%e6%9e%90%e8%a7%a3%e8%af%bb","status":"publish","type":"post","link":"https:\/\/openhub365.cn\/index.php\/2026\/07\/07\/73-%e5%95%86%e5%8a%a1%e8%8b%b1%e8%af%ad%ef%bc%9a%e8%b4%a2%e5%8a%a1%e5%88%86%e6%9e%90%e8%a7%a3%e8%af%bb\/","title":{"rendered":"73.\u5546\u52a1\u82f1\u8bed\uff1a\u8d22\u52a1\u5206\u6790\u89e3\u8bfb"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">\u4e86\u89e3\u66f4\u591a<a href=\"https:\/\/openhub365.cn\/index.php\/2026\/05\/28\/%e6%84%9f%e5%ae%98%e5%8a%a8%e8%af%8d%e7%94%a8%e6%b3%95%e8%a7%a3%e6%9e%90%e7%9b%ae%e5%bd%95\/\" data-type=\"post\" data-id=\"10084\">\u611f\u5b98\u52a8\u8bcd\u7528\u6cd5\u89e3\u6790\u76ee\u5f55<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">101.&nbsp;amortized cost<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u0259\u02c8m\u0254\u02d0ta\u026azd k\u0252st\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u644a\u4f59\u6210\u672c\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u91d1\u878d\u8d44\u4ea7\u6263\u9664\u644a\u9500\u3001\u51cf\u503c\u540e\u7684\u8d26\u9762\u5269\u4f59\u6210\u672c<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aBonds are measured at amortized cost on the balance sheet.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u503a\u5238\u5728\u8d44\u4ea7\u8d1f\u503a\u8868\u6309\u644a\u4f59\u6210\u672c\u8ba1\u91cf\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">102.&nbsp;carrying value<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8k\u00e6ri\u026a\u014b \u02c8v\u00e6lju\u02d0\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8d26\u9762\u4ef7\u503c\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u8d44\u4ea7\u6263\u9664\u6298\u65e7\u3001\u51cf\u503c\u51c6\u5907\u540e\u7684\u8d26\u9762\u4f59\u989d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aThe carrying value of equipment fell after impairment test.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u51cf\u503c\u6d4b\u8bd5\u540e\u8bbe\u5907\u8d26\u9762\u4ef7\u503c\u6709\u6240\u4e0b\u964d\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">103.&nbsp;fair value<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/fe\u0259 \u02c8v\u00e6lju\u02d0\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u516c\u5141\u4ef7\u503c\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5e02\u573a\u516c\u5e73\u4ea4\u6613\u4e0b\u8d44\u4ea7\u3001\u8d1f\u503a\u7684\u516c\u5141\u4ea4\u6613\u4ef7\u683c<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aInvestment properties are revalued at fair value annually.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6295\u8d44\u6027\u623f\u4ea7\u6bcf\u5e74\u6309\u516c\u5141\u4ef7\u503c\u91cd\u65b0\u4f30\u503c\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">104.&nbsp;residual value<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/r\u026a\u02c8z\u026ad\u0292u\u0259l \u02c8v\u00e6lju\u02d0\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6b8b\u503c\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u56fa\u5b9a\u8d44\u4ea7\u6298\u65e7\u671f\u6ee1\u540e\u9884\u4f30\u5269\u4f59\u53d8\u5356\u4ef7\u503c<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aWe set the vehicle residual value at 10% of original cost.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6211\u4eec\u8bbe\u5b9a\u8f66\u8f86\u6b8b\u503c\u4e3a\u539f\u503c\u768410%\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">105.&nbsp;contingent liability<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/k\u0259n\u02c8t\u026and\u0292\u0259nt \u02ccla\u026a\u0259\u02c8b\u026al\u0259ti\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6216\u6709\u8d1f\u503a\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u672a\u6765\u4e0d\u786e\u5b9a\u4e8b\u9879\u53ef\u80fd\u4ea7\u751f\u7684\u6f5c\u5728\u503a\u52a1<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aPending lawsuits count as contingent liability in notes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u672a\u51b3\u8bc9\u8bbc\u5728\u62a5\u8868\u9644\u6ce8\u5217\u4e3a\u6216\u6709\u8d1f\u503a\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">106.&nbsp;deferred revenue<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/d\u026a\u02c8f\u025c\u02d0d \u02c8rev\u0259nju\u02d0\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u9012\u5ef6\u6536\u5165\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u9884\u5148\u6536\u6b3e\u4f46\u5c1a\u672a\u5c65\u7ea6\u3001\u6682\u4e0d\u786e\u8ba4\u7684\u8425\u6536<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aPrepaid annual membership is recorded as deferred revenue.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u9884\u6536\u5e74\u5ea6\u4f1a\u5458\u8d39\u8ba1\u5165\u9012\u5ef6\u6536\u5165\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">107.&nbsp;deferred tax asset<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/d\u026a\u02c8f\u025c\u02d0d t\u00e6ks \u02c8\u00e6set\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u9012\u5ef6\u6240\u5f97\u7a0e\u8d44\u4ea7\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u53ef\u62b5\u6263\u6682\u65f6\u6027\u5dee\u5f02\u5f62\u6210\u7684\u672a\u6765\u7a0e\u6536\u62b5\u51cf\u6743\u76ca<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aBad debt provisions generate deferred tax assets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u574f\u8d26\u51c6\u5907\u91d1\u4f1a\u4ea7\u751f\u9012\u5ef6\u6240\u5f97\u7a0e\u8d44\u4ea7\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">108.&nbsp;deferred tax liability<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/d\u026a\u02c8f\u025c\u02d0d t\u00e6ks \u02ccla\u026a\u0259\u02c8b\u026al\u0259ti\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u9012\u5ef6\u6240\u5f97\u7a0e\u8d1f\u503a\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5e94\u7eb3\u7a0e\u6682\u65f6\u6027\u5dee\u5f02\u4ea7\u751f\u7684\u672a\u6765\u7eb3\u7a0e\u4e49\u52a1<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aAsset fair value appreciation leads to deferred tax liability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u8d44\u4ea7\u516c\u5141\u4ef7\u503c\u589e\u503c\u5f62\u6210\u9012\u5ef6\u6240\u5f97\u7a0e\u8d1f\u503a\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">109.&nbsp;credit allowance<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8kred\u026at \u0259\u02c8la\u028a\u0259ns\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4fe1\u7528\u51cf\u503c\u51c6\u5907\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u9488\u5bf9\u5e94\u6536\u6b3e\u9884\u671f\u574f\u8d26\u8ba1\u63d0\u7684\u62b5\u51cf\u51c6\u5907\u91d1<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aCredit allowance covers potential customer payment defaults.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u4fe1\u7528\u51cf\u503c\u51c6\u5907\u8986\u76d6\u5ba2\u6237\u6f5c\u5728\u8fdd\u7ea6\u635f\u5931\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">110.&nbsp;core margin<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/k\u0254\u02d0 \u02c8m\u0251\u02d0d\u0292\u026an\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6838\u5fc3\u4e1a\u52a1\u5229\u6da6\u7387\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u4ec5\u7edf\u8ba1\u4e3b\u8425\u4e1a\u52a1\u4ea7\u751f\u7684\u76c8\u5229\u5360\u8425\u6536\u6bd4\u4f8b<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aExclude one-off income to calculate core margin accurately.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5254\u9664\u4e00\u6b21\u6027\u6536\u76ca\u624d\u80fd\u7cbe\u51c6\u6838\u7b97\u6838\u5fc3\u4e1a\u52a1\u5229\u6da6\u7387\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">111.&nbsp;capital structure<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8k\u00e6p\u026atl \u02c8str\u028ckt\u0283\u0259(r)\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8d44\u672c\u7ed3\u6784\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u4f01\u4e1a\u8d1f\u503a\u4e0e\u80a1\u4e1c\u6743\u76ca\u7684\u8d44\u91d1\u6784\u6210\u914d\u6bd4<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aOptimal capital structure balances debt cost and equity return.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6700\u4f18\u8d44\u672c\u7ed3\u6784\u5e73\u8861\u503a\u52a1\u6210\u672c\u4e0e\u80a1\u4e1c\u56de\u62a5\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">112.&nbsp;equity financing<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8ekw\u0259ti fa\u026a\u02c8n\u00e6ns\u026a\u014b\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u80a1\u6743\u878d\u8d44\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u589e\u53d1\u80a1\u6743\u5f15\u5165\u5916\u90e8\u80a1\u4e1c\u83b7\u53d6\u7ecf\u8425\u8d44\u91d1<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aEquity financing carries no mandatory interest payments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u80a1\u6743\u878d\u8d44\u65e0\u9700\u5f3a\u5236\u652f\u4ed8\u5229\u606f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">113.&nbsp;debt financing<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/det fa\u026a\u02c8n\u00e6ns\u026a\u014b\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u503a\u6743\u878d\u8d44\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u901a\u8fc7\u8d37\u6b3e\u3001\u53d1\u503a\u501f\u5165\u8d44\u91d1\u7684\u878d\u8d44\u65b9\u5f0f<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aDebt financing brings tax deduction for interest expenses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u503a\u6743\u878d\u8d44\u7684\u5229\u606f\u652f\u51fa\u53ef\u505a\u7a0e\u6536\u62b5\u6263\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">114.&nbsp;coupon rate<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8ku\u02d0p\u0252n re\u026at\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u7968\u9762\u5229\u7387\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u503a\u5238\u53d1\u884c\u65f6\u7ea6\u5b9a\u56fa\u5b9a\u4ed8\u606f\u5e74\u5229\u7387<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aHigh coupon rate bonds bear heavier periodic interest cost.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u9ad8\u7968\u9762\u5229\u7387\u503a\u5238\u6bcf\u671f\u4ed8\u606f\u6210\u672c\u66f4\u9ad8\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">115.&nbsp;maturity date<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/m\u0259\u02c8t\u0283\u028a\u0259r\u0259ti de\u026at\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5230\u671f\u65e5\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u503a\u5238\u3001\u8d37\u6b3e\u7ea6\u5b9a\u5168\u989d\u8fd8\u672c\u7684\u622a\u6b62\u65e5\u671f<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aWe arrange funds before bond maturity date.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6211\u4eec\u5728\u503a\u5238\u5230\u671f\u65e5\u524d\u5907\u597d\u5151\u4ed8\u8d44\u91d1\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">116.&nbsp;weighted average cost of capital<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8we\u026at\u026ad \u02c8\u00e6v\u0259r\u026ad\u0292 k\u0252st \u0252v \u02c8k\u00e6p\u026atl\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u52a0\u6743\u5e73\u5747\u8d44\u672c\u6210\u672cWACC\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u4f01\u4e1a\u80a1\u6743\u3001\u503a\u6743\u7efc\u5408\u5e73\u5747\u8d44\u91d1\u6210\u672c<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aProjects with return above WACC create shareholder value.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6536\u76ca\u7387\u9ad8\u4e8e\u52a0\u6743\u5e73\u5747\u8d44\u672c\u6210\u672c\u7684\u9879\u76ee\u521b\u9020\u80a1\u4e1c\u4ef7\u503c\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">117.&nbsp;residual income<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/r\u026a\u02c8z\u026ad\u0292u\u0259l \u02c8\u026ank\u028cm\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5269\u4f59\u6536\u76ca\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u6263\u9664\u8d44\u672c\u6210\u672c\u540e\u5269\u4f59\u7684\u8d85\u989d\u7ecf\u8425\u6536\u76ca<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aResidual income is used to evaluate department performance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5269\u4f59\u6536\u76ca\u6307\u6807\u7528\u4e8e\u8003\u6838\u5404\u90e8\u95e8\u7ecf\u8425\u4e1a\u7ee9\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">118.&nbsp;segment report<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8se\u0261m\u0259nt r\u026a\u02c8p\u0254\u02d0t\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5206\u90e8\u62a5\u544a\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u62c6\u5206\u5404\u4e1a\u52a1\u677f\u5757\u3001\u533a\u57df\u7684\u7ec6\u5206\u8d22\u52a1\u62a5\u8868<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aSegment report reveals profit gaps across product lines.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5206\u90e8\u62a5\u544a\u66b4\u9732\u4e0d\u540c\u4ea7\u54c1\u7ebf\u76c8\u5229\u5dee\u8ddd\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">119.&nbsp;intercompany transaction<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02cc\u026ant\u0259\u02c8k\u028cmp\u0259ni tr\u00e6n\u02c8z\u00e6k\u0283n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5185\u90e8\u5173\u8054\u4ea4\u6613\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u96c6\u56e2\u6bcd\u5b50\u3001\u5144\u5f1f\u516c\u53f8\u4e4b\u95f4\u8d2d\u9500\u3001\u8d44\u91d1\u5f80\u6765<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aAll intercompany transactions are eliminated in consolidation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5408\u5e76\u62a5\u8868\u65f6\u62b5\u6d88\u5168\u90e8\u5185\u90e8\u5173\u8054\u4ea4\u6613\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">120.&nbsp;material misstatement<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/m\u0259\u02c8t\u026a\u0259ri\u0259l m\u026as\u02c8ste\u026atm\u0259nt\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u91cd\u5927\u9519\u62a5\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u8d22\u52a1\u62a5\u8868\u5f71\u54cd\u62a5\u8868\u4f7f\u7528\u8005\u5224\u65ad\u7684\u6570\u636e\u5dee\u9519<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aAuditors check accounts to avoid material misstatement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5ba1\u8ba1\u4eba\u5458\u6838\u67e5\u8d26\u76ee\u89c4\u907f\u91cd\u5927\u9519\u62a5\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">121.&nbsp;going concern<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8\u0261\u0259\u028a\u026a\u014b k\u0259n\u02c8s\u025c\u02d0n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6301\u7eed\u7ecf\u8425\u5047\u8bbe\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u4f1a\u8ba1\u57fa\u7840\u5047\u8bbe\uff0c\u8ba4\u5b9a\u4f01\u4e1a\u53ef\u957f\u671f\u6b63\u5e38\u8fd0\u8425<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aSevere cash shortage casts doubt on going concern basis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u4e25\u91cd\u8d44\u91d1\u77ed\u7f3a\u4f1a\u8d28\u7591\u6301\u7eed\u7ecf\u8425\u5047\u8bbe\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">122.&nbsp;matching principle<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8m\u00e6t\u0283\u026a\u014b \u02c8pr\u026ans\u0259pl\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u914d\u6bd4\u539f\u5219\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5f53\u671f\u6536\u5165\u9700\u540c\u6b65\u5339\u914d\u5bf9\u5e94\u53d1\u751f\u6210\u672c\u8d39\u7528<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aSales commission is recognized under matching principle.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u9500\u552e\u4f63\u91d1\u4f9d\u636e\u914d\u6bd4\u539f\u5219\u540c\u671f\u5165\u8d26\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">123.&nbsp;materiality threshold<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/m\u0259\u02c8t\u026a\u0259ri\u02c8\u00e6l\u0259ti \u02c8\u03b8re\u0283h\u0259\u028ald\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u91cd\u8981\u6027\u9608\u503c\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u754c\u5b9a\u4f1a\u8ba1\u4e8b\u9879\u662f\u5426\u9700\u8981\u5355\u72ec\u62ab\u9732\u7684\u91d1\u989d\u6807\u51c6<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aSmall amounts below materiality threshold can be grouped.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u4f4e\u4e8e\u91cd\u8981\u6027\u9608\u503c\u7684\u5c0f\u989d\u9879\u76ee\u53ef\u5408\u5e76\u5217\u62a5\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">124.&nbsp;period cost<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8p\u026a\u0259ri\u0259d k\u0252st\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u671f\u95f4\u8d39\u7528\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5f53\u671f\u76f4\u63a5\u6263\u9664\u3001\u4e0d\u8ba1\u5165\u5b58\u8d27\u6210\u672c\u7684\u5f00\u9500<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aAdmin and sales expenses are typical period costs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u7ba1\u7406\u3001\u9500\u552e\u8d39\u7528\u5c5e\u4e8e\u5178\u578b\u671f\u95f4\u8d39\u7528\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">125.&nbsp;product cost<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8pr\u0252d\u028ckt k\u0252st\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4ea7\u54c1\u6210\u672c\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u751f\u4ea7\u5b58\u8d27\u53d1\u751f\u3001\u8ba1\u5165\u5e93\u5b58\u4ef7\u503c\u7684\u76f4\u63a5\u6210\u672c<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aRaw materials and factory labor count as product cost.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u539f\u6750\u6599\u3001\u8f66\u95f4\u4eba\u5de5\u5f52\u4e3a\u4ea7\u54c1\u6210\u672c\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">126.&nbsp;roll forward<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/r\u0259\u028al \u02c8f\u0254\u02d0w\u0259d\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6eda\u52a8\u7ed3\u8f6c\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u52a8\u8bcd\u77ed\u8bed(v.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5c06\u4e0a\u671f\u8d26\u6237\u4f59\u989d\u7ed3\u8f6c\u81f3\u672c\u671f\u671f\u521d\u6838\u7b97<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aAuditors roll forward allowance balances each quarter.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5ba1\u8ba1\u6bcf\u5b63\u5ea6\u6eda\u52a8\u7ed3\u8f6c\u5404\u9879\u51c6\u5907\u91d1\u4f59\u989d\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">127.&nbsp;bottom line<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8b\u0252t\u0259m la\u026an\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8d26\u9762\u6700\u7ec8\u51c0\u5229\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5229\u6da6\u8868\u6700\u672b\u884c\u5c55\u793a\u7684\u7a0e\u540e\u51c0\u5229\u6da6<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aCost cuts directly improve the company\u2019s bottom line.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u524a\u51cf\u6210\u672c\u76f4\u63a5\u589e\u539a\u4f01\u4e1a\u8d26\u9762\u51c0\u5229\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">128.&nbsp;top line<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/t\u0252p la\u026an\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8425\u6536\u603b\u989d\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5229\u6da6\u8868\u9996\u884c\u5217\u793a\u7684\u8425\u4e1a\u6536\u5165\u603b\u989d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aNew market expansion lifted the firm\u2019s top line sharply.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u65b0\u5e02\u573a\u6269\u5f20\u5927\u5e45\u62c9\u9ad8\u4f01\u4e1a\u8425\u6536\u603b\u989d\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">129.&nbsp;dilution<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/da\u026a\u02c8lju\u02d0\u0283n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u80a1\u6743\u7a00\u91ca\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u589e\u53d1\u65b0\u80a1\u5bfc\u81f4\u539f\u6709\u80a1\u4e1c\u6bcf\u80a1\u6536\u76ca\u4e0b\u964d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aLarge-scale equity financing causes share dilution.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5927\u89c4\u6a21\u80a1\u6743\u878d\u8d44\u4f1a\u9020\u6210\u80a1\u6743\u7a00\u91ca\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">130.&nbsp;earnings per share<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8\u025c\u02d0n\u026a\u014bz p\u025c\u02d0 \u0283e\u0259(r)\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6bcf\u80a1\u6536\u76caEPS\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u51c0\u5229\u6da6\u5206\u644a\u81f3\u5355\u80a1\u666e\u901a\u80a1\u7684\u6536\u76ca\u91d1\u989d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aRising EPS usually drives stock price growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6bcf\u80a1\u6536\u76ca\u63d0\u5347\u901a\u5e38\u5e26\u52a8\u80a1\u4ef7\u4e0a\u6da8\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">131.&nbsp;book value per share<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/b\u028ak \u02c8v\u00e6lju\u02d0 p\u025c\u02d0 \u0283e\u0259(r)\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6bcf\u80a1\u8d26\u9762\u4ef7\u503c\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u80a1\u4e1c\u6743\u76ca\u603b\u989d\u9664\u4ee5\u6d41\u901a\u666e\u901a\u80a1\u6570\u91cf<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aThe stock trades far above its book value per share.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u8be5\u80a1\u4ea4\u6613\u4ef7\u683c\u8fdc\u9ad8\u4e8e\u6bcf\u80a1\u8d26\u9762\u4ef7\u503c\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">132.&nbsp;price-earnings ratio<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/pra\u026as \u02c8\u025c\u02d0n\u026a\u014bz \u02c8re\u026a\u0283i\u0259\u028a\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5e02\u76c8\u7387P\/E\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u80a1\u4ef7\u4e0e\u6bcf\u80a1\u6536\u76ca\u7684\u4f30\u503c\u5bf9\u6bd4\u6307\u6807<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aHigh P\/E ratio means investors expect future profit growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u9ad8\u5e02\u76c8\u7387\u4ee3\u8868\u6295\u8d44\u8005\u770b\u597d\u672a\u6765\u5229\u6da6\u589e\u957f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">133.&nbsp;price-to-book ratio<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/pra\u026as tu\u02d0 b\u028ak \u02c8re\u026a\u0283i\u0259\u028a\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5e02\u51c0\u7387P\/B\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u80a1\u4ef7\u5bf9\u6bd4\u6bcf\u80a1\u8d26\u9762\u4ef7\u503c\u7684\u4f30\u503c\u6307\u6807<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aCyclical industries usually have low price-to-book ratio.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5468\u671f\u884c\u4e1a\u666e\u904d\u5e02\u51c0\u7387\u504f\u4f4e\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">134.&nbsp;dividend yield<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8d\u026av\u026adnd ji\u02d0ld\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u80a1\u606f\u6536\u76ca\u7387\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5e74\u5ea6\u6bcf\u80a1\u80a1\u606f\u9664\u4ee5\u5f53\u524d\u80a1\u7968\u5e02\u4ef7<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aUtility stocks maintain stable high dividend yield.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u516c\u7528\u4e8b\u4e1a\u80a1\u7968\u4fdd\u6301\u7a33\u5b9a\u9ad8\u80a1\u606f\u6536\u76ca\u7387\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">135.&nbsp;capital return<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8k\u00e6p\u026atl r\u026a\u02c8t\u025c\u02d0n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8d44\u672c\u56de\u62a5\u7387\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u8425\u4e1a\u5229\u6da6\u9664\u4ee5\u6295\u5165\u603b\u8d44\u672c\u7684\u56de\u62a5\u6307\u6807<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aWe target a capital return above 12% annually.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6211\u4eec\u8bbe\u5b9a\u5e74\u5ea6\u8d44\u672c\u56de\u62a5\u7387\u76ee\u6807\u9ad8\u4e8e12%\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">136.&nbsp;return on assets<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/r\u026a\u02c8t\u025c\u02d0n \u0252n \u02c8\u00e6sets\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8d44\u4ea7\u6536\u76ca\u7387ROA\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u51c0\u5229\u6da6\u4e0e\u4f01\u4e1a\u5e73\u5747\u603b\u8d44\u4ea7\u7684\u6bd4\u503c<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aROA reflects how efficiently assets generate profit.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u8d44\u4ea7\u6536\u76ca\u7387\u4f53\u73b0\u8d44\u4ea7\u521b\u9020\u5229\u6da6\u7684\u6548\u7387\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">137.&nbsp;return on equity<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/r\u026a\u02c8t\u025c\u02d0n \u0252n \u02c8ekw\u0259ti\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u51c0\u8d44\u4ea7\u6536\u76ca\u7387ROE\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u51c0\u5229\u6da6\u9664\u4ee5\u80a1\u4e1c\u5e73\u5747\u6743\u76ca\uff0c\u80a1\u4e1c\u56de\u62a5\u6838\u5fc3\u6307\u6807<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aSustainable high ROE marks excellent corporate operation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6301\u7eed\u9ad8\u51c0\u8d44\u4ea7\u6536\u76ca\u7387\u4ee3\u8868\u4f01\u4e1a\u7ecf\u8425\u4f18\u8d28\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">138.&nbsp;cash burn rate<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/k\u00e6\u0283 b\u025c\u02d0n re\u026at\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u73b0\u91d1\u6d88\u8017\u901f\u7387\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u4f01\u4e1a\u6708\u5ea6\u7ecf\u8425\u73b0\u91d1\u51c0\u6d41\u51fa\u89c4\u6a21<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aStartups monitor cash burn rate to avoid capital exhaustion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u521d\u521b\u4f01\u4e1a\u76d1\u63a7\u73b0\u91d1\u6d88\u8017\u901f\u7387\u9632\u6b62\u8d44\u91d1\u8017\u5c3d\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">139.&nbsp;cash reserve ratio<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/k\u00e6\u0283 r\u026a\u02c8z\u025c\u02d0v \u02c8re\u026a\u0283i\u0259\u028a\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u73b0\u91d1\u50a8\u5907\u6bd4\u7387\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u8d27\u5e01\u50a8\u5907\u5360\u603b\u8d44\u4ea7\u7684\u5b89\u5168\u7f13\u51b2\u6bd4\u4f8b<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aWe keep cash reserve ratio above 15% for risk defense.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6211\u4eec\u7ef4\u630115%\u4ee5\u4e0a\u73b0\u91d1\u50a8\u5907\u6bd4\u7387\u62b5\u5fa1\u98ce\u9669\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">140.&nbsp;amortizing loan<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u0259\u02c8m\u0254\u02d0ta\u026az\u026a\u014b l\u0259\u028an\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5206\u671f\u507f\u8fd8\u8d37\u6b3e\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u6bcf\u671f\u540c\u6b65\u507f\u8fd8\u672c\u91d1\u4e0e\u5229\u606f\u7684\u957f\u671f\u501f\u6b3e<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aFactory construction relies on a 10-year amortizing loan.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5382\u623f\u5efa\u8bbe\u4f9d\u9760\u5341\u5e74\u671f\u5206\u671f\u507f\u8fd8\u8d37\u6b3e\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">141.&nbsp;bullet loan<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8b\u028al\u026at l\u0259\u028an\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5230\u671f\u4e00\u6b21\u6027\u8fd8\u672c\u8d37\u6b3e\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5468\u671f\u5185\u4ec5\u4ed8\u606f\u3001\u5230\u671f\u5168\u989d\u507f\u8fd8\u672c\u91d1\u7684\u8d37\u6b3e<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aShort-term working capital adopts bullet loan structure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u77ed\u671f\u6d41\u52a8\u8d44\u91d1\u91c7\u7528\u5230\u671f\u4e00\u6b21\u6027\u8fd8\u672c\u8d37\u6b3e\u6a21\u5f0f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">142.&nbsp;hedging cost<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8hed\u0292\u026a\u014b k\u0252st\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5957\u671f\u4fdd\u503c\u6210\u672c\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5bf9\u51b2\u6c47\u7387\u3001\u539f\u6750\u6599\u4ef7\u683c\u6ce2\u52a8\u4ea7\u751f\u7684\u8d39\u7528<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aHedging cost offsets risk of raw material price spikes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5957\u671f\u4fdd\u503c\u6210\u672c\u5bf9\u51b2\u539f\u6750\u6599\u6da8\u4ef7\u98ce\u9669\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">143.&nbsp;foreign exchange gain<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8f\u0252r\u026an \u026aks\u02c8t\u0283e\u026and\u0292 \u0261e\u026an\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6c47\u5151\u6536\u76ca\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5916\u5e01\u7ed3\u7b97\u6c47\u7387\u53d8\u52a8\u5e26\u6765\u7684\u8d26\u9762\u589e\u503c<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aDepreciation of domestic currency created foreign exchange gain.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u672c\u5e01\u8d2c\u503c\u4ea7\u751f\u6c47\u5151\u6536\u76ca\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">144.&nbsp;foreign exchange loss<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8f\u0252r\u026an \u026aks\u02c8t\u0283e\u026and\u0292 l\u0252s\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6c47\u5151\u635f\u5931\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u6c47\u7387\u6ce2\u52a8\u9020\u6210\u5916\u5e01\u8d44\u4ea7\u8d26\u9762\u7f29\u6c34\u4e8f\u635f<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aWe record foreign exchange loss under financial expenses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6c47\u5151\u635f\u5931\u8ba1\u5165\u8d22\u52a1\u8d39\u7528\u6838\u7b97\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">145.&nbsp;restructuring charge<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02ccri\u02d0\u02c8str\u028ckt\u0283\u0259r\u026a\u014b t\u0283\u0251\u02d0d\u0292\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u91cd\u7ec4\u8d39\u7528\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u4f01\u4e1a\u88c1\u64a4\u90e8\u95e8\u3001\u6574\u5408\u4e1a\u52a1\u4ea7\u751f\u4e00\u6b21\u6027\u652f\u51fa<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aSubsidiary consolidation generated large restructuring charge.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5b50\u516c\u53f8\u6574\u5408\u4ea7\u751f\u5927\u989d\u91cd\u7ec4\u8d39\u7528\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">146.&nbsp;impairment trigger<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u026am\u02c8pe\u0259m\u0259nt \u02c8tr\u026a\u0261\u0259(r)\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u51cf\u503c\u89e6\u53d1\u4fe1\u53f7\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u9884\u793a\u8d44\u4ea7\u516c\u5141\u4ef7\u503c\u4e0b\u8dcc\u7684\u5ba2\u89c2\u7ecf\u8425\u8ff9\u8c61<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aLong-term market slump acts as impairment trigger for inventory.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5e02\u573a\u957f\u671f\u4f4e\u8ff7\u662f\u5b58\u8d27\u51cf\u503c\u89e6\u53d1\u4fe1\u53f7\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">147.&nbsp;cost pooling<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/k\u0252st \u02c8pu\u02d0l\u026a\u014b\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6210\u672c\u5f52\u96c6\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5c06\u540c\u7c7b\u95f4\u63a5\u5f00\u9500\u7edf\u4e00\u6c47\u603b\u518d\u5206\u644a\u6838\u7b97<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aWorkshop utility fees adopt centralized cost pooling.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u8f66\u95f4\u6c34\u7535\u8d39\u7528\u91c7\u7528\u96c6\u4e2d\u6210\u672c\u5f52\u96c6\u6838\u7b97\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">148.&nbsp;unit contribution margin<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02c8ju\u02d0n\u026at \u02cck\u0252ntr\u026a\u02c8bju\u02d0\u0283n \u02c8m\u0251\u02d0d\u0292\u026an\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5355\u4f4d\u8fb9\u9645\u8d21\u732e\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u5355\u4ef6\u4ea7\u54c1\u552e\u4ef7\u6263\u9664\u5355\u4ef6\u53d8\u52a8\u6210\u672c\u540e\u7684\u5dee\u989d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aHigh unit contribution margin covers fixed overhead quickly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u9ad8\u5355\u4f4d\u8fb9\u9645\u8d21\u732e\u53ef\u5feb\u901f\u8986\u76d6\u56fa\u5b9a\u6742\u8d39\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">149.&nbsp;sensitivity analysis<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02ccsens\u0259\u02c8t\u026av\u0259ti \u0259\u02c8n\u00e6l\u0259s\u026as\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u654f\u611f\u6027\u5206\u6790\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u6d4b\u7b97\u8425\u6536\u3001\u6210\u672c\u6ce2\u52a8\u5bf9\u6700\u7ec8\u5229\u6da6\u7684\u5f71\u54cd\u5e45\u5ea6<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aSensitivity analysis tests risk of raw material price volatility.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u654f\u611f\u6027\u5206\u6790\u6d4b\u7b97\u539f\u6750\u6599\u4ef7\u683c\u6ce2\u52a8\u5e26\u6765\u7684\u98ce\u9669\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">150.&nbsp;valuation allowance<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\/\u02ccv\u00e6lju\u02c8e\u026a\u0283n \u0259\u02c8la\u028a\u0259ns\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4f30\u503c\u5907\u62b5\u9879\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\u77ed\u8bed(n.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91ca\u4e49\uff1a\u62b5\u51cf\u9012\u5ef6\u6240\u5f97\u7a0e\u8d44\u4ea7\u53ef\u5b9e\u73b0\u989d\u5ea6\u7684\u5907\u62b5\u79d1\u76ee<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u53e5\uff1aUncertain future profits lead to valuation allowance setup.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u672a\u6765\u76c8\u5229\u4e0d\u786e\u5b9a\u9700\u8ba1\u63d0\u4f30\u503c\u5907\u62b5\u9879\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bf7\u70b9\u51fb\u8fd4\u56de\u9996\u9875<a href=\"https:\/\/openhub365.cn\/index.php\/2026\/07\/07\/%e5%95%86%e5%8a%a1%e8%8b%b1%e8%af%ad%e8%af%8d%e6%b1%87%e7%9b%ae%e5%bd%95\/\" data-type=\"post\" data-id=\"25150\">\u5546\u52a1\u82f1\u8bed\u8bcd\u6c47\u76ee\u5f55<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4e86\u89e3\u66f4\u591a\u611f\u5b98\u52a8\u8bcd\u7528\u6cd5\u89e3\u6790\u76ee\u5f55 &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[],"class_list":["post-24917","post","type-post","status-publish","format-standard","hentry","category-510"],"_links":{"self":[{"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/posts\/24917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/comments?post=24917"}],"version-history":[{"count":0,"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/posts\/24917\/revisions"}],"wp:attachment":[{"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/media?parent=24917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/categories?post=24917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/tags?post=24917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}