  817

					  .:.':	 
			 	^^ ff-i-i .-. . ;.^^^^ '''	~"  '     	"-^"^'     
		1-				
		 	 		      	 
	 	1 			 	 
	;: 					
 	 X		 ::: /^		'"':"511'11'  	 
		  '.	 		 	
	:;,,>-!& 		 			
					 	
	  			 	 	
	   				 - 	
					... - 	

. 23.5.         

: Samuel S. Stewart, Jr., Corporate Forecasting, in Summer N. Levine, ed., Financial Analyst's
Handbook I (Homewood, IL: Dow Jones-lrwin, Inc. 1975), p. 912.

    ,    
 .       .  
(,  )    ,    (, -
     )    , -
    .

       -
.     .   ,   ,  
  . ,       -
 (EBIT)        ,  
 ,   .       -
,        ,   -
 .          
 EBIT,         EBIT.  -
        -
    (,  ,   )
        .   
   (sensivity analysis),   ,  (what-if
analysis).