筹资风险的英文翻译是什么

1) A brief discussion on the benefits of corporate finance and risks prevention.
2) A brief discussion on corporate funding benefits and risks prevention.

A
股票是所有融资方式中成本最低的,

某公司拟为某新增投资项目筹资10000万元,其筹资方案是：向银行借款4000万元,已知借款利率10%,期限3年,增发股票1000万股共筹资6000万元（每股面值1元,发行价格为6元/股）,且该股票预期第一年末每股支付股利0.2元,以后年度的预计股利增长率为3%.假设股票筹资费率为5%,企业所得税率40%,根据上述资料,要求测算出债券成本、普通股成本、该筹资方案的综合资本成本?

学校全年共筹资=（12.5-0.5）/25%=48（万元）大瓶比小瓶多装的水=200*3=600（毫升）
小瓶装水=（4000-600）/（3+5）=425（毫升）

两种筹资方案比较,应先计算出筹资无差别点,应利用每股收益最大的方法分析.
EPS（A）=(EBIT—1000*0.3*10%)*(1—40%)/(1000*0.7+400)
EPS（B）=(EBIT—1000*0.3*10%—400*12%)*(1—40%)/1000*0.7
计算两个方案的筹资无差别点：令 EPS(A)=EPS(B)
解得EBIT=162
由于题目中说明增加负债后EBIT可达200万元,大于筹资无差别点,则应选择负债筹资.

(1)借款资本成本=10%*（1-40%）=6%
(2)普通股资本成本=1000*0.2/6000*（1-5%）+3%=6.5%
(3)综合资本成本=6%*4000/10000+6.51%*6000/10000=6.3%

Cash flow management refres to a managment system which uses the flow of money as its gravity and associates the enterprises' business activities, investing activities and financing activities. It makes comprehensive forecasting and planning,management and control,information transmission and reports,and analysis and evaluations for the current conditions or the future conditions in aspects of quantity and the scale of time. Cash flow management is a significant part of the enrerprises' financial management,a fluent and smooth cash flow is a strong guarantee for the enterprises' management.Therefore,we should make sure that the cash flow management is in the core position of the enterprises' financial management.
In this paper,we focus on the study of some theoratical problems associated with cash flow management to reveal its significance for listing corporations and then analyse the current conditions of cash flow management in the listing corporations in Zhejiang Province. In the light of their current conditions,we seek to find the problems within cash flow management in the listing corporations in Zhejiang Province,and then raise corresponding strategies and suggestions,hence to build a scentific system of cash flow management.

=500*10%*(1-33%)/500*(1-3%)

长期借款的资本成本=年借款利息*（1-所得税率）/（借款金额-借款费用）
=[2000*10%*(1-25%)]/2000*(1-0.5%)
=150/1990
=7.54%
希望可以帮到你.
有疑问可以加我百度.

选A 发行债券的利息支出是可以在税前扣除的,有抵税效应,另外,还可以影响财务杠杆系数,财务杠杆系数=息税前利润/[息税前利润-利息支出-优先股股利/（1-所得税率）]发行普通股虽然也可以带来杠杆利益,但却不具有抵税效应.因其股利支付不可以税前扣除.

Financing is the source and the prerequisite of production and operation for an enterprise. The purpose of financing is to seek the survival and development of the enterprise. This paper will discuss the issues that may occur in every lifecycle of small and medium-sized enterprises and elaborate what an enterprise should do in different development stages such as making full use of advantageous financing conditions, comprehensive consideration about financing cost, financing risk,financing structure and the condition of capital market, etc.. My opinion is to apply different financing methods in different development stages in order to meet the developmental need of the enterprise from the point of the capital source and capital structure of the enterprize.
仅供参考

对,融资租赁的固定资产应视为企业自有资产核算,这是复核实质重于形式的原则他影响了企业的资本结构,增加了固定资产增加了长期应付款,使资产总额增加,负债总额同数增加负债占资产比例也同样增加,资本结构也就受到了影响.

and then,the main problems will be analyzed from the perspective of financial management,existing in funding,investment,operations management and incentive mechanism of family business.Finally,the countermeasures to enhance financial management of family business will be proposed from the four respects,improving funding environment,instructing appropriate investment strategies,perfecting financial management system and establishing effective incentive mechanism respectively.

B 因为股份公司的股东数量大,筹资能力是它的最大优势.
A所说的有限公司也同样拥有.D错误,股份公司设立和解散有严格的法律程序,手续复杂.
C并不是股份公司的主要优点相对来说选B

A, B, D

A.增强公司筹资能力
B.降低公司财务风险
D.没有使用约束

股票筹资的资金成本一般较高.

B：财务杠杆
D：融资杠杆
还叫资本杠杆

How carries on the tax revenue preparation to fund raising to reduce the fund raising cost is the enterprise fund raising management important aspect is also the direction which this article studies

这个for one cause or another不是时间.是理由目的
进行时态除了可以表示正在进行以外,还可以加上always/often/usually/constantly表示反感惊讶赞美等感情.这句显然是很反感这种行为.总是各种理由筹钱,却没有弄到足够的钱.失望.
完成进行时通常表不达目的决不罢休的感觉.

The fund raising risk is refers with the enterprise fund raising related risk, namely the enterprise collects borrows into the fund the uncertainty which brings to the financial achievement.Regardless of the enterprise adopts He Zhong to finance the way to be able to face the corresponding fund raising risk, therefore appears to the fund raising risk control extremely importantly.Based on the concept of risk financing, the types and forms of financing for enterprises on the overall risk profile, and the risk of internal and external funding for a summary, the risk of financing for various reasons, including a proposed The correct concept of risk, to determine the optimal capital structure, to make sound investment decisions and strengthen financial management of the budget, some control measures.

单选：
以下筹资方式中 资金成本最高的是 A 发行普通股

多选：
以下筹资方式中 资金成本最高的是 A 发行普通股 B 吸收直接投资

The brief analysis of the corporative financing risks. On the basis of the analysis of the reasons for the appearance of the corporative financing risks, the measures of the prediction of the financing risks, the counter-meaures as well as the controlling measures of the financing risks are pointed out in this paper, which can be used as reference for the coporations to strike a balance between financing risks and profit, to take the risks into a range effectively as well as to seize the opportunity for sustainable development.

个别资本成本
借款：7%*（1-33%）/（1-2%）=
债券：14*9%*(1-33%)/[15*(1-3%)]=
优先股：12%/（1-4%）=
普通股：1.2/[10*（1-6%）]+8%=
留存收益：1.2/10+8%=
综合资本成本：把上述个别成本加权平均

年度借款资金成本=500*10%*（1+0.5%）=50.25万元

A) enterprise financing cause financial activities
In the commodity economy condition, enterprise to engage in business, first must raise a certain quantity of capital, the enterprise through the issuance of stocks, bonds, absorption direct investment and way to raise money, for the performance of the enterprise capital income. Enterprise to repay the loan, pay interest, dividends and pay all kinds of fundraising expenses, etc, is behaved for enterprise capital spending. This for fund raising and produce capital of payments, is caused by the enterprise financing financial activities.
(2) enterprise investment caused by the financial activities
Enterprise raise money for the purpose of the funds for the production and business operation activities in order to obtain profit, increase enterprise value. Enterprise to raise capital investment in the enterprise internal to purchase of fixed assets, intangible assets, etc, they form enterprise inward investment; Enterprises to raise capital investment to the purchase of other enterprises stocks, bonds or other enterprise associated with investment, they form enterprise of foreign investment. This kind of for enterprise investment and of generation of cash inflows and outflows, is caused by the investment and financial activities.
(3) caused by the enterprise management financial activities
Enterprise in the normal course of business, will be in a series of fund balance of payments. First, the enterprise to purchase materials or products, so that engaged in production and sales activities, and at the same time, but must pay salary and other operating expenses; Second, when the products or commodities sold enterprise, he or she can get income, take back the capital; Again, if the enterprise existing capital can't meet the needs of enterprise management, we will take short-term borrowing way to raise capital they need. The above the income and expenses of fund can produce enterprise, this is to belong to enterprise management cause financial activities.
(4) caused by the enterprise distribution financial activities
Enterprise in the business process will generate profit, also may be due to foreign investment and share in the profits, which shows that the enterprise has the capital appreciation in the value of the investment or obtain remuneration. Enterprise profits according to prescribed procedures distribution. First of all, to pay tax in accordance with law; And then used to cover losses, extraction accumulation fund, the chest; The last to investors profits. This kind of for profit distribution and produce money payments will belong to by the profit distribution and cause financial activities.

下列不属于债券筹资的优点的是：b、财务风险高
债券筹资的优点.
首先,债券筹资的成本较低.从投资者角度来讲,投资于债券可以受限制性条款的保护,其风险较低,相应地要求较低的回报率,即债券的利息支出成本低于普通股票的股息支出成本；从筹资公司来讲,债券的利息是在所得税前支付,有抵税的好处,显然债券的税后成本低于股票的税后成本；从发行费用来讲,债券一般也低于股票.债券投资在非破产情况下对公司的剩余索取权和剩余控制权影响不大,因而不会稀释公司的每股收益和股东对公司的控制.
第二,公司运用债券投资,不仅取得一笔营运资本,而且还向债权人购得一项以公司总资产为基础资产的看跌期权.若公司的市场价值急剧下降,普通股股东具有将剩余所有权和剩余控制权转给债权人而自己承担有限责任的选择权.
第三,债券投资具有杠杆作用.不论公司盈利多少,债券持有人只收回有限的固定收入,而更多的收益则可用于股利分配和留存公司以扩大投资.
债券筹资的缺点.
首先,债券筹资有固定的到期日,须定期支付利息,如不能兑现承诺则可能引起公司破产.
其次,债券筹资具有一定限度,随着财务杠杆的上升,债券筹资的成本也不断上升,加大财务风险和经营风险,可能导致公司破产和最后清算.
第三,公司债券通常需要抵押和担保,而且有一些限制性条款,这实质上是取得一部分控制权,削弱经理控制权和股东的剩余控制权,从而可能影响公司的正常发展和进一步的筹资能力.
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不惧恶意采纳刷分
坚持追求真理真知

纯论述题,就说说你打算怎样用你零钱就好了嘛.当然要结合财务管理原理,比如说：根据财务分析,扣除吃饭的钱,剩下的干什么啦.只有把那些放进去,基本就能行了,最保险就是把原理也说一下,这是最笨办法.

fund-raising of a company

意思是利息除以实际上自己用到的资金（因为一部分是手续费）.用到资金的利息除以用到的资金,利息就是用资金要付出的成本,成本除以资金就是资金成本率.不知道这样的回答够透彻不?我自己的理解.这个早忘了.应该是财务管理的筹资管理里的东东.

3、某企业预计全年现金需要量为800万元,现金来源于出售的有价证券,有价证券的年利率为10%,每次的转换成本为1000元,计算最佳现金持有量,最佳现金持有量下的相关最小成本和最佳转换次数.

发行债券资本成本=利率×（1－所得税税率） /（1-2%）
=10%*（1-33%）/98%=6.8%
优先股资本成本=股息年率/（1－融资费率）×100％
=7%/（1-3%）=7.2%
普通股资本成本=第一年预期股利/[普通股筹资金额*（1-普通股的筹资费率）]*100%+股利固定增长率
=10%/（1-4%）+4%
=14.4%
综合资本成本=2000/5000*6.8%+1000/5000*7.2%+2000/5000*14.4%
=2.7%+1.44%+5.76%
=9.9%

长期债券的资金成本=6%*（1-33%）/（1-2%）=4.10%
优先股资金成本=8%/(1-4%)=8.33%
普通股股利资金成本=10%*（1+3%）/(1-4%)+3%=13.10%
综合资金成本=1000/2000*4.10%+500/2000*8.33%+500/2000*13.10%=7.41%
综合资金成本小于8%,方案可行.

之前两位的回答都没错,不过一个句子里面用两个“of”是一种写作的忌讳.
Brief Analysis and Comparison of Financing(or Capital Raising) Options For Public (or Listed) Companies.

D.20%
1.5/（RS-5%）=10.5-0.5
式子中的RS即是要求的普通股成本率,上面的式子是财务管理学中一个固定的资金成本率公式,你可以去翻翻财务管理书,算出来的结果是20%

1）首先计算债券的资金成本
K=债券利息费用×（1-所得税率）÷债券实际筹资额
=1000*0.1*(1-0.33)/(1000*(1-0.02))=6.84%
2）计算优先股的资金成本
K=优先股股利÷优先股实际筹资额
=500*0.07/(500*(1-0.03))=7.22%
3）计算普通股的资金成本
K=第一年股利÷普通股实际筹资额+股利年增长率
=1000*0.1/(1000*(1-0.04))+0.04=14.42%
4）计算综合资金成本,即各单项资金成本的加权平均数
K=Σ（单项资金成本×权数）
=6.84%*1000/2500+7.22%*500/2500+14.42%*1000/2500=9.948%≈9.95%

A

nterprise financing the comparison and selection of the way
Abstract:
Enterprise raised correctly or not directly related to the enterprise the normal production and business and economic benefit of good or bad, even can influence a the survival and development of enterprises. In China's current financing channels and financing ways, different financing style has different financing cost and raise fund risk, and different financing way has the differences in efficiency, in order to be able to correct timely and effective way to raise funds, the enterprise must focus on capital market changes, analysis the advantages and disadvantages of various financing way, in light of its own, choose appropriate finance approach.
Keywords: financing channel; Finance approach; Cost; risk

3对 4错 7错 8错 9不知 10对 11对 12对 13错 14对 15错 16错 18对 19对 20对 22错 23错
25对 27对 29错 30错 31错 35错 39对 44错

0.3*（1+10%）/15+10%=12.2%
留存收益没有筹资费用

1、债券成本的工式是K=[ B * i *（1-T）] / [ b *（1-f) ]
B是债券面值
i是债券面利率
b是债券实际筹资额,按发行价格确定
f是债券筹资费用率
T是所得税税率
按公式代入进行计算K=1000 * 10% *（1-30%）/ 1100 * (1-3%) =6.56%
所以选B
2、由于手续费忽略不计,则可用一个简化的公式来计算K=i * (1-T）
i 是银行借款利率,T 是所得税税率
代入计算K=5% *（1-30%）= 3.5%
所以选A
3、股票的资金成本的公式为K=[ D / V（1-f）]+g
D是每年固定股利
V是普通股筹资金额,按发行价计算
f是普通股筹资费用率
g是年增长率
代入计算K=[ 2 / 10 * ( 1-8%) ]+ 3%=24.74%
所以选C
本人是学这个专业的,所以书上都有公式,希望能帮到你!

税前利润总额＝息税前利润总额-债务筹资成本总额＝90万元-40万元＝50万元
单位产品销售收入＝单位变动成本÷变动成本率＝100÷40%＝250元
经营杠杆系数＝边际贡献总额÷税前利润总额＝（10000×250）×（1-40%）÷50万＝3
财务杠杆系数＝息税前利润总额÷税前利润总额＝90万÷50万＝1.8
总杠杆系数＝经营杠杆系数×财务杠杆系数＝3×1.8＝5.4

1）计算两种筹资方案下每股利润无筹别点的息税前利润：
[(EBIT-1000×8%)×(1-33%)]/(4500+1000)=[EBIT-(1000×8%+2500×10%)]×(1-33%)/4500
EBIT=1455(万元)
（2）乙方案财务杠杆系数
=1455/[1455-(1000×8%+2500×10%)]=1455/(1455-330)=1.29
（3）因为：预计息税前利润=1200万元EBIT=1455万元
所以：应采用乙方案（或发行公司债券）
（5）每股利润增长率=1.29×10%=12.9%
你的题目打错了,甲方案发行普通股不是100是1000万才对.害了我半天.

1 【（400*9%/98%+100*10%）*(1-30%)+100*11%+400*[2.6(1+2%)/20+2%]】/1000=A
2. 【1000*10%*（1-30%）+1000*A】/2000= B
3 [(600*10%*+400*9%/98%+100*10%）*(1-30%)+100*11%+800*(3.3/30+4%)]/2000=C
得数就不帮你算了,自己算吧.望及时采纳!

没错我认为，商业信用筹借，说白了就是找别的老板借钱，就好像现在电视里演的这老板前那老板钱就是不还一样。你可能想选A吧？那就不能叫信用了

三种筹资方式的权重为1/9、3/9、5/9
税后成本分别为 借款：10%*（1-30%）=7%
债券：12%*（1-30%）/（1-3%）=8.66%
股票：15%/(1-5%)=15.79%
综合资金成本WACC=7%*1/9+8.66%*3/9+15.79%*5/9=12.44%
本来不想回答,但见答案有问题,就上阵了,

甲筹集固定利率资金成本比乙低2%,而浮动利率资金比乙只低0.25%,显然甲筹集固利率款有相对优势,乙筹集浮动利率款有相对优势.根据相对优势,互换的条件是甲需要浮动利率资金,乙需要固定利率资金.互换节省的总成本：LIBOR+0.125%+13%-（11%+ LIBOR+0.375%）=1.75%,如果没有中介,节省的成本两者共享.即各节省：0.875%
互换设计：乙需要的固定利率资金由甲来筹集.利率11%全部由乙来支付
甲方需要的浮动利率资金,由乙来筹集,利率LIBOR+0.375%,其中LIBOR-0.75%由甲来承担,乙承担其中的1.125%.
结果：甲需要浮动利率资金,支付的为浮动利率,满足需要,支付利率成本：LIBOR-0.75%,节省成本：（LIBOR+0.125%）-（LIBOR-0.75%）=0.875%
乙需要固定利率资金,支付固定利率,满足需要,支付利率成本：11%+1.125%=12.125%,节省成本0.875%

这道题是求年金终值,最简单做法就是套用年金终值公式计算,如下,
第五年年末本利和=100*((1+12%)^5-1)/12%=635.2847万元
注：^5为5次方.

(1)设建A户型套数为x,B户型套数为y
x+y=80,①
2090≤25x+28y≤2096,②
解,得
48≤x≤50
(2)在第一问的基础上,选择建A型最少,建B型最多的方案,
∵A型一套利润5万,B型一套利润6万
∴多建B型
(3) 类似第二问
解析：A户型的利润是5万,B户型的利润是6万,B户型利润不变,A户型提价a那么利润就是a+5万,当A户型的利润＞B户型利润,多建A户型,反之多建B户型,如果相等,哪个多哪个少都一样利润

(1)债券资本成本率=【2000*10%*（1-33%）】/【2010*（1-5%）】
（2）借款资本成本率=【1000*8%*（1-33%）】/【1000*（1-0.5%）】
（3）优先股资本成本率=【700*12%】/【970*（1-3%）】
（4）普通股资本成本率=（3500*13%）/【3500*（1-5%）】+3%
（5）留存收益资本成本率计算与普通股一样,区别在于不考虑出资费用=（3500*13%）/3500+3%=16%
(6)用每项筹资方式筹集的金额除以总筹资额,得到权数.然后分别乘以各自的资本成本率,求和,就是综合资本成本率.（就是加权平均）

甲方案下的筹资成本分别为:
180*10%*(1-30%)/[180*(1-1%)]*100%*180/2000=0.63%
1000*12*(1-30%)/[1020*(1-4%)]*100%*1020/2000=4.375%
{400*1*20%/[400*2*(1-6%)]*100%+5%}*800/2000=6.255%
所以甲方案下所需的筹资成本为0.63%+4.375%+6.255%=11.26%
乙方案下的筹资成本分别为:
400*15%/[600*(1-5%)]*100%*600/2000=3.158%
{700*1*20%/[700*2*(1-6%)]+5%}*100%*1400/2000=10.947%
故乙方案下的筹资成本为3.158%+10.947%=14.105%
因甲方案的筹资成本低于乙方案下的筹资成本,故选用甲方案