Question

求高手帮我翻译一下！别给我拿在线翻译，谢谢

在财务管理教科书中所阐述的财务杠杆系数，其公式研究还比较丰富，但如何把它应用到实际的财务管理中还是比较缺乏的。从理论上研究已经有了明确的结论：财务杠杆系数大小与财务风险大小之间存在着密切的关系，财务杠杆系数越大，财务风险也就越大，反之也成立。但在这个理论是基于企业赢利的情况下得出的结论，而现在的企业，大多都处于负债经营的情况。所以本文借助财务杠杆系数公式同时从应用新视角，对财务杠杆系数的最优区间的确定和财务杠杆对每股收益和股价的影响进行了研究，并以一个实际上市企业为案例阐明应用财务杠杆系数的策略。

Answer 1

In financial management in the textbook on the financial leverage coefficient, the study also relatively rich formula, but how to apply it to the actual financial management or are short of. From the theory study already has a clear conclusion: financial leverage coefficient size and financial risk exists between the size of the close relationship, financial leverage coefficient, the bigger the financial risk is bigger also, and also established. But in this theory is based on the enterprise profit the conclusion, but now the enterprise, mostly in debt management. So this paper makes use of the financial leverage coefficient formula and new perspective from the application of financial leverage coefficient of the determination of optimal interval and financial leverage to earnings per share and share price was studied, and in a listed enterprise for actual case illustrate application of financial leverage coefficient strategy.

Answer 2

In the financial management in the textbook of financial leverage coefficient, the study also abundant formulas, but how to apply it to practice in the financial management is the lack of. From the theoretical research has a clear conclusion: financial leverage coefficient and the financial risk exists between the close relationship, financial leverage coefficient is bigger, the financial risk is higher, and vice versa. But in this theory is based on the enterprise profit under the condition of the conclusion, and now business, mostly in debt management situation. So the financial leverage coefficient formula and from a new perspective of application, the financial leverage coefficient to determine the optimal interval and financial leverage to earnings per share and the share was studied, and a practical example illustrate application for listing enterprise financial leverage coefficient of strategy.