CreditRisksinWorkingCapitalandEquipmentLoans营运资培训课件.pptVIP

Cash Flow Quality现金流质量 Qualitative aspect 定性 High quality 质量高 Low quality 质量低 Inventory valuation 存货估值 LIFO understates profits in inflationary period 后进先出方法低估通胀期的利润 FIFO overstates profits in inflationary period 先进先出方法高估通胀期的利润 Depreciation method 折旧方法 Accelerated depreciation more accurately matches replacement cost 更准确地对应加速折旧与替代费用 Straight-line depreciation under-reserves funds for fixed assets: thus, it overstates earnings 直线折旧保留了固定资产资金的追偿权，因此，高估了收益 Deferred assets 递延资产 Intangibles are written off as quickly as possible 尽快注销无形资产 Expenses are capitalized and earnings are overstated 费用资本化