答案是D,不会算。 Last year the price per share of Stock Xincreased by k percent and the earnings per share of Stock Xincreased by m percent, where k is greater than m. By what percent did the ratio of price pershare to earnings per share increase, in terms of k and m? A. k/m % B. (k – m) % C. [100(k – m)] / (100 + k) % D. [100(k – m)] /(100 + m) % E. [100(k – m)] / (100 + k + m) %
是选择D吧 过程是这样的设去年的ratio of price pershare to earnings per share是P/E,由于P增长了k%,所以今年的P是P(1+K%);由于k增长了m%,所以今年的E是E(1+m%)。所以今年的ratio of price pershare to earnings per share是P(1+K%/E(1+m%)。 要求的是ratio of price pershare to earnings per share的增长的比例: [P(1+K%)/E(1+m%) - P/E] / P/E 化简一下,上下同时约去 P/E,得到 (k% - m%)/(1 + m%) 再次化简得到 (k - m)/(100 + m) 这就是D