财务管理专业英语复习题
财务管理英语知识
第一章财务管理总论Overview of Financial Man agement一、主要专业术语或概念中英文对照财务管理financial management财务管理的目标the goal of financial management关于企业财务目标的三种综合表述：利润最大化profit maximization (maximize profit)每股盈余最大化earnings per share maximization股东财富最大化stockholder (shareholder) wealth maximization利益相关者stakeholder股东stockholder/shareholder债权人creditor/bondholder顾客customer职工employee政府government股东价值的影响因素the factors that affect the stockholder value （2008注会财管教材P4图1-1）经营现金流量operating cash flows资本成本cost of capital销售及其增长/成本费用revenues and its growth/cost and expense资本投资/营运资本capital investment/working capital资本结构/破产风险/税率/股利政策capital structure/bankruptcy risk/tax rate/dividend policy经营活动operating activity投资活动investing activity筹资活动financing activity股东、经营者和债权人利益的冲突与协调Conflicts of interest between shareholders，managers and creditors and their reconciliationAn agency relationship(代理关系) exists whenever a principal (委托人) hires an agent（代理人）to act on their behalf。
财务管理专业英语 句子及单词翻译
Financial management is an integrated decision-making process concerned with acquiring, financing, and managing assets to accomplish some overall goal within a business entity.财务管理是为了实现一个公司总体目标而进行的涉及到获取、融资和资产管理的综合决策过程。
Decisions involving a firm’s short-term assets and liabilities refer to working capital management.决断涉及一个公司的短期的资产和负债提到营运资金管理The firm’s long-term financing decisions concern the right-hand side of the balance sheet.该公司的长期融资决断股份资产负债表的右边。
This is an important decision as the legal structure affects the financial risk faced by the owners of the company.这是一个重要的决定作为法律结构影响金融风险面对附近的的业主的公司。
The board includes some members of top management(executive directors), but should also include individuals from outside the company(non-executive directors).董事会包括有些隶属于高层管理人员(执行董事)，但将也包括个体从外公司(非执行董事)。
Maximization of shareholder wealth focuses only on stockholders whereas maximization of firm value encompasses all financial claimholders including common stockholders, debt holders, and preferred stockholders.股东财富最大化只集中于股东，而企业价值最大化包含所有的财务债券持有者，包括普通股股东，债权人和优先股股东。
财务英语试题及答案
财务英语试题及答案一、选择题（每题2分，共20分）1. What is the term for the process of recording, summarizing, and reporting financial transactions?A. BudgetingB. AccountingC. AuditingD. Forecasting答案：B2. Which of the following is a financial statement that showsa company's financial position at a specific point in time?A. Income StatementB. Balance SheetC. Cash Flow StatementD. Statement of Retained Earnings答案：B3. The difference between the purchase price and the fair market value of an asset is known as:A. DepreciationB. AmortizationC. GoodwillD. Capital Gains答案：C4. What is the term for the systematic allocation of the cost of a tangible asset over its useful life?A. DepreciationB. AmortizationC. AccrualD. Provision答案：A5. Which of the following is not a type of revenue recognition?A. Cash basisB. Accrual basisC. Installment methodD. All of the above答案：D6. The process of estimating the cost of completing a project is known as:A. BudgetingB. Cost estimationC. Project managementD. Cost accounting答案：B7. Which of the following is a non-current liability?A. Accounts payableB. Wages payableC. Long-term debtD. Income tax payable答案：C8. The term used to describe the process of adjusting the accounts at the end of an accounting period is:A. Closing the booksB. JournalizingC. PostingD. Adjusting entries答案：D9. What is the term for the financial statement that shows the changes in equity of a company over a period of time?A. Balance SheetB. Income StatementC. Statement of Changes in EquityD. Cash Flow Statement答案：C10. The process of verifying the accuracy of financial records is known as:A. BudgetingB. AuditingC. ForecastingD. Valuation答案：B二、填空题（每空1分，共10分）1. The __________ is the process of determining the value of an asset or liability.答案：valuation2. A __________ is a type of financial instrument that represents a creditor's claim on a company's assets.答案：bond3. The __________ is the difference between the cost of an asset and its depreciation.答案：book value4. __________ is the process of converting non-cash items into cash equivalents.答案：Liquidation5. A __________ is a financial statement that provides information about a company's cash inflows and outflows during a specific period.答案：Cash Flow Statement6. The __________ is the process of estimating the useful life of an asset.答案：depreciation schedule7. __________ is the practice of recording revenues and expenses when they are earned or incurred, not when cash is received or paid.答案：Accrual accounting8. __________ is the process of recording transactions in the order they are received.答案：Journalizing9. __________ is the practice of matching expenses with the revenues they helped to generate.答案：Matching principle10. A __________ is a document that provides evidence of a transaction.答案：voucher三、简答题（每题5分，共20分）1. What are the main components of a balance sheet?答案：The main components of a balance sheet are assets, liabilities, and equity.2. Explain the concept of "double-entry bookkeeping."答案：Double-entry bookkeeping is a system of recording financial transactions in which every entry to an account requires a corresponding and opposite entry to another account, ensuring that the total of debits equals the total of credits.3. What is the purpose of an income statement?答案：The purpose of an income statement is to summarize a company's revenues, expenses, and profits or losses over a specific period of time.4. Describe the role of a financial controller in anorganization.答案：A financial controller is responsible for overseeing the financial operations of an organization, including budgeting, financial reporting, and ensuring compliance with financial regulations and policies.四、论述题（每题15分，共30分）1. Discuss the importance of financial planning in business management.答案：Financial planning is crucial in business management as it helps in setting financial goals。
基于能力培养的财务管理专业英语课
作者简介:李曜铎(1992-),男,山东安丘人,硕士,广东培正学院会计学院教师,主要研究方向为财务管理㊁成本结构领域㊂基于能力培养的财务管理专业英语课程标准改革和实践李曜铎(广东培正学院会计学院,广东广州510830)摘㊀要:财务管理专业英语是重要的专业必修课程,基于学生能力培养的课程标准改革势在必行㊂教学策略坚持以学生为本,开展多种教学形式,及时作业点评与答疑,发现学生学习不足和改进方向,多方面考核评定成绩,使学生既掌握扎实的财务管理专业理论知识,又具备良好的英语实践应用能力,适应日趋激烈的竞争环境㊂关键词:学生能力;财务管理专业英语;课程标准;改革;实践中图分类号:F23㊀㊀㊀㊀㊀文献标识码:A㊀㊀㊀㊀㊀㊀doi:10.19311/ki.1672-3198.2022.24.055㊀㊀随着经济全球化和技术竞争的进程加快, 一带一路 倡议得到更多国家的认可,参与全球合作和竞争,精通财务管理知识和掌握外语的国际化人才的需求快速增加,财务管理毕业生面临的劳动力市场,将会多方面接触原材料采购和跨国并购等海外业务,因此加强财务管理专业英语教学,学生既掌握专业知识,又具有专业英语的交流和实践应用技能,是应用型本科院校人才培养的大势所趋㊂财务管理专业英语是财务管理专业的一门双语教学的基础课程,是用英语阐述财务管理概况㊁诠释财务报表㊁财务比率分析㊁货币时间价值与估价㊁风险与收益㊁资本预算㊁资本市场与资金筹集㊁资本结构㊁股利政策和营运资本管理等专题㊂课程标准是学生接受一定教育阶段以后,对于其学习效果的具体描述,是教学质量应该达到的具体指标,是基于学生学习结果的具体行为描述,更多侧重于对学生实际能力的培养,课程标准尽可能是可以达到的㊁理解的和评估的,范围应该涉及认知㊁技能与情感这三个领域,目标的行为主体不是教师,而应该是学生,关注的是学生学习的过程和方法,以及由此产生正确的职业素质和价值观,积极的情感体验,教师主要关注的是怎样有效的利用课程所特有的优势促进每一个学生的健康发展㊂1㊀财务管理专业英语教学现状的分析1.1㊀人才培养目标不明确财务管理工作理论和实际操作性很强,需要对利润分配和企业筹资等进行科学的计量,做出正确的决策,财务管理专业英语教学培养的学生要求既有扎实的理论知识,又具备较强实践能力㊂目前,财务管理专业英语教学大纲要求学生掌握英文财务管理专业术语,经典理论㊁重要知点,能够阅读和翻译财务管理领域的英文文献㊂显然,这难以培养学生财务管理实际工作中使用英语的能力,无法从根本上满足企业对人才的需求㊂1.2㊀学生英语基础薄弱财务管理专业英语课程标准的达成,要求学生具有一定程度英语词汇量,阅读和写作的基础,从广东培正学院财务管理专业英语教学情况分析,大部分学生听说能力偏低,词汇量少,阅读㊁写作㊁翻译能力缺乏,英语思维能力薄弱,很少有学生读过英文原版书籍㊂很多学生不敢使用英语参与课堂讨论,课后做的复习不多,课堂基本是 教师讲学生听 的传统模式,难以丰富和创新教学内容体系,教师及学生均无法从教学过程中获取成就感,教学效果难以达到理想效果㊂1.3㊀缺乏适合应用型本科学生英文水平的教材适合应用型本科院校财务管理专业英语教学的教材目前还是比较缺乏,英文原版教材内容和语法准确,专业知识覆盖面广,学生可以既学习财务管理专业知识,又能接触到纯正英语,应该是最好的教学资源,但是其专业难度大,相对于国内教材价格高昂,很多学生不愿意接受,国内很多是中文财务管理教材的翻译版,对于学生群体的特点没有很好的区分和定位,又很难买到配套习题集和教辅材料,给课后自主学习造成了困难㊂1.4㊀缺乏高素质的师资队伍财务管理专业英语课程要求任课教师既具备扎实的英语教学能力,同时具有财务管理的专业知识,但是目前应用型本科院校的教学现状,还是比较缺乏能同时符合两项要求的教师,师资队伍或者是英语背景,或者是商科背景,对专业词汇发音不够准确,造成教学质量比较低的现象㊂1.5㊀教学方式单一,考核方式不完善目前,财务管理专业英语教学方式大多以教师为中心,课堂上单一灌输式,很多时间用于专业术语的讲解和发音,为了能够引导学生阅读和翻译教材,要求记忆大量的专业词汇,而忽略了必需的听㊁说㊁写的基本英语应用技能的培养;在考核方式方面,也不够完善,总评成绩主要是平时成绩和期末考试成绩,其优点是能对学生专业文章阅读和翻译能力,专业词汇的掌握程度进行一定的客观评价,缺点是不能有效地评价英语的听,说和写的实践和运用能力㊂2㊀财务管理专业英语课程教学标准的改革和实施2.1㊀教学策略的改进坚持以学生为本,注重教学方式的适时改进与优化,激发学生学习兴趣和学习潜力,引导学生深层次学习,支㊃821㊃持教学目标达成㊂可采用课程先导练习+教师理论知识点讲授+讨论点评的方式,进行财务管理专业英语基本理论部分的教学;同时,采用专题专项课堂习题㊁复习㊁辅导指导的方式,开展内容㊁目标明确的随堂实践性学习㊂在教学总体设计方面,以学习财务管理专业英语基本理论知识为主线,将理论与应用贯穿于整个课程教学的过程,开展多媒体教学㊁案例教学㊁启发式教学㊁讨论式教学等多种教学形式,重点以新闻视听㊁微型案例㊁正文㊁核心词汇㊁思考与探索和知识扩展等多个板块作为切入点,教会学生能把财务管理知识的相关概念和专业英语进行充分结合㊁提高学生学习积极性;同时加强训练学生快速阅读财务管理英文教材㊁掌握财务管理英语术语及其习惯用法,提高其专业英语的听说读写译能力,达到课堂教学的预期效果㊂教师提供扩展性案例材料,提出观点㊁问题,学生分组讨论㊁表达个人观点㊁进行课堂演示或进行小组汇报㊂教师针对发言或小组报告情况进行补充及点评,对具体的教学环节㊁方法㊁手段㊁小目标等作灵活㊁具体的设计,以求教学与实际需求匹配最大化,更好地助力课程目标的实现㊂在教学组织方面,原则上要求学生独力完成课程的学习与课程作业,如若课程作业目标较大㊁较复杂,时间需求较多,可酌情允许学生组成小组,但人数宜以3-5人为宜㊂分组工作应在完成课程第一部分教学内容的讲授后即进行㊂在教学实施方面,应在第一部分课程内容的讲授完成后,即安排学生开始着手课程作业实施;在财务管理专业英语课程教学的实施过程中,教师应控制好课堂讲授在整个课程学时中的比例,尽量分配安排更多的学时给予学生主动讨论课堂环节,应适时将阶段作业与考核情况,在课堂上进行公开展示与点评,以促进学生的学习积极性,同时,让学生及时发现学习存在的不足和今后提高的方向㊂2.2㊀学生自主学习的支持每周组织一次作业点评与答疑,及时发现并指出学生学习方面的不足及改进的方向;同时,教师对作业完成情况进行点评,对教学总体进度效果作出评估,及时发现教学方面的短板与不足,及时给予调整补充;教师需通过课堂教学过程㊁作业批改等途径,注意观察和发现学习困难的学生,并及时针对他们的具体情况给予额外的学习帮助与支持㊂课程结束时,教师须认真撰写成绩分析报告,并结合日常教学中的观察,对课程教学进行总结反思,为开展课程教学研究积累第一手资料,以对教学持续地改进㊂2.3㊀成绩评定与反馈在考核内容方面,与学生基于英语处理财务管理业务的综合实践能力培养高度关联㊂考核侧重于对学生财务管理专业英语基础知识㊁基本业务的综合实践能力的考核,考核的主要内容为财务管理概况㊁诠释财务报表㊁财务比率分析㊁货币时间价值与估价㊁风险与收益㊁资本预算㊁资本市场与资金筹集㊁资本结构㊁股利政策和营运资本管理等专题,藉此全面考核学生的学习成效及掌握业务处理技术的水平㊂成绩评定,按照考试模式改革实施方案评定成绩,期末考试成绩占60%,平时成绩占40%㊂其中:平时成绩由课后作业㊁课堂考核(出勤情况㊁听课情况㊁回答问题情况)等构成㊂平时作业(课后作业)要依循课程教学大纲所拟教学内容,按照 财务比率分析㊁货币时间价值与估价㊁风险与收益㊁资本预算等专题 分别安排4次阶段性作业㊂但具体作业内容㊁次数可在严格执行课程教学安排的前提下,由教师根据实际情况灵活设计与安排,并以相对应的教学分段的知识目标要求与能力目标要求为依据,对阶段性作业情况进行及时的评点㊁剖析㊂3㊀结束语通过学习财务管理专业英语课程,使学生既具备扎实的财务管理专业知识理论,又具有良好的英语实践应用能力,在教学中强化对学生基本技能的训练,提高学生实际能力,适应日趋激烈的竞争环境,劳动力市场对财务管理岗位中英双语高素质应用型人才的需求日渐增长需求㊂课程标准的改革有助于学生获得如下学习成果㊂3.1㊀提升政治思想素质学生通过本课程学习,熟悉基本财务管理法规和政策,守法意识和纪律观念明显增强;熟悉财务管理职业道德,社会公德意识和社会责任感明显增强;具有诚实守信㊁爱岗敬业㊁干好财务管理工作的职业意识㊂3.2㊀掌握财务管理专业英语基本的理论知识学生通过本课程学习,熟悉财务管理概况㊁诠释财务报表㊁财务比率分析㊁货币时间价值与估价㊁风险与收益㊁资本预算㊁资本市场与资金筹集㊁资本结构㊁股利政策和营运资本管理等专题;掌握财务管理的英语习惯表达,以及基于英文分析解决财务管理的基本问题㊂3.3㊀具备基于英语理解财务管理的基本能力学生通过本课程学习,会运用财务比率对财务报表进行初步基础分析,会运用货币时间价值理论对股票债券进行估价,会运用风险收益分析对资本预算决策㊁资金筹集决策以及资本结构决策做出初步基础分析判断㊂参考文献[1]王勇,赵振智.国际会计专业㊁学生英语能力与国际化会计人才培养:基于山东省高校ACCA专业问卷数据的递归模型检验[J].财会通讯,2018,(34):43-46.[2]纪金莲,王凤羽.应用型财务管理专业实践教学体系构建:基于职业岗位能力导向[J].财会通讯,2019,(16):49-53.[3]闫启盈.财务管理专业英语新考核方式的探讨[J].科教文汇,2020,(9):119-120.[4]刘利.新形势下英语在财务管理本科专业课程教学中的应用[J].宁波职业技术学院学报,2020,(5):40-46.[5]容荻风.应用型高校专业英语课程教学改革与实践 以广西民族大学相思湖学院财务管理专业英语课程教学为例[J].大学教育, 2021,(7):135-138.[6]林琳.地方本科院校财务管理专业英语课程考核模式探讨[J].现代商贸工业,2019,(14):179-180.㊃921㊃。
财务管理专业英语复习题(参考答案)
D. working sheet D. equipment depreciation C. capital budgeting. A. time deposits A. the initial cost of the project can be reduced. C. notes payable B. sunk A. I and III only C. salaries payable D. product producing C. initial public offering (IPO). A. total A. future value D. (1+8%/2)2-1 B. $295,000 D. collecting accounts receivable faster A. m D. common stock A. gross profit margin A. liquidity ratios B. degree to which the net present value reacts to changes in a single variable.B. the transaction is complete and the goods or services delivered.A. Return on equity A. general economic risk D. It does not include depreciation.C. Interest. B.$108 B. $37.62 B. Corporate investment decisions have nothing to do with financial markets,A. Financial management A. double taxation of dividends D. compound interest D. The market is overvaluing the stock.B. approximately 10 B.640,000 D. issue common stock.A. Net profit margin ×Total asset turnover ×Equity multiplier B.bond issuing C. capital budgeting B. marketability A. future value流动比率Current ratio= Current assets/ Current liabilities=1.91速动比率Quick ratio=( Current assets- Inventory)/ Current liabilities=1.27应收账款周转率Accounts receivables turnover ratio=Sales/Accounts receivable=4.37债务比率Debt ratio= Total liabilities/ Total assets=50.3%资产收益率Return on assets= Net income/ Total assets=3.45%Price/earnings ratio= Market price per share/ Earnings per share=45.83Current ratio = Current assets / Current liabilities = 1.1Total debt ratio =(Total assets – Total equity) / Total assets = 0.58Total asset turnover = Sales / Total assets = 0.27Profit margin = Net income / Sales = 0.22Equity multiplier = Total assets / Total equity = 2.375ROA= Net income / Total assets = 0.061ROE= Net income / Total equity = 0.1452) ROE= Profit margin * Equity multiplier * Total assets turnover = 14.56%Financial management is an integrated decision-making process concerned with acquiring, financing, and managing assets to accomplish some overall goal within a business entity. Other names for financial management include managerial finance, corporate finance, and business finance. Making financial decisions is an integral part of all forms and sizes of business organizations from small privately-held firms to large publicly-traded corporations财务管理是一个通过收购、融资和资产管理来完成一些企业总体目标的综合决策过程。
财务管理专业英语
Analyzing Financial Ratios
Some preliminary comments are warranted:
1. Financial ratios are not standardized.
4.2.1 Current ratio
Excessively high current ratios, however, may indicated a firm may have too much of its long-term investor-supplied capital invested in short-term low-earning current assets.
4.2 Liquidity Ratios
Net working capital to total assets ratio= Net working capital Total assets
净营运资本比总资产比率
4.2.1 Current ratio
Current ratio Current assets Current liabilities
Denominator 分母 Numerator 分子
4.2.1 Current ratio
For example, a current ratio of 1.5 implies that a firm has $1.5 in current assets for every $1 in current liabilities and thus has 1.5 times the current assets, or has its current liabilities covered 1.5 times over.
财务管理专业英语第二章
corporate managers cannot effectively serve many masters. Purposeful behavior requires the existence of
这就是说公司经理不能有效的服务多个目标。 a single-valued objective function. 一个单一的价值目标。
2
The article translation 文章翻译
division of opinion exists on the goal of financial management, two leading contenders are stakeholder 对财务管理的目标存在着很大的分歧, theory and value(wealth) maximization. 理论和价值最大化。 但是两种最主要的理论是利益相关者
Why focus on maximizing share price? First, using stock price maximization as an objective function
2.3.1 Stakeholder Theory 2.3.1 利益相关者理论
Stakeholder theory is the main contender to value maximization as the corporate goal. Stakeholder
作为企业的目标，利益相关者理论是价值最大化理论的主要竞争理论。 理论认为管理者所做的决策要考虑公司所有相关者的利益。 stakeholders. Such stakeholders include not only financial claimholders * but also employees, managers, 这些利益相关者不仅包括所有者还包括员工、管理者、 利益相关者
财务管理专业英语一和三章全部翻译
第一单元财务管理是为了实现一个公司总体目标而进行的涉及到获取、融资和资产管理的综合决策过程。
另一种说法是财务管理包括管理财务、公司理财、和和商业理财。
做财务决策对于所有形式和规模的商业组织，无论是小型私人公司还是大型股份公开交易的公司来说，都是不可分割的一部分。
和财务管理工作打交道的人一般是公司的高层例如财务副总裁或首席财务官。
他们一般直接向董事长或首席执行官报告，在今天快速变化的大环境中，财务管理者必须有去适应外界诸如经济的不确定性、全球竞争、技术变更、利率和汇率变动、法律制度的变动以及道德方面的考虑等因素。
作为一个公司功能领域的的首要部分，财务管理者在实现公司目标的过程中扮演着一个关键的领导人角色。
财务管理者的职责和责任是难以达到的。
在广义上，财务管理者两个最主要的功能是在公司的活动中获得和配置资源。
这些功能也就是制定政策的职责。
财务管理者是联系财务部的人员和其他管理部门的人员重要纽带。
财务管理包含了三个主要方面的决策：长期投资决策，长期融资决策和营运资金管理决策。
这三个决定意味着如何在公司多样化的活动中获得和分配资源。
前两个决策本质上是长期决策，第三个是短期决策。
管理者从不单独考虑这些决策而是作为一个整体来看待，因为他们每一个从不独立于另外一个。
投资决策总是影响着融资决策反之亦然。
例如，建立一个新厂房或者购买新设备需要考虑其他的决策如怎样获得项目融资和管理已获得资产所需要的资金。
长期投资决策涉及到决定公司想持有的资产的类型和数量。
那儿就是包含了资金的配置和使用。
财务管理者必须对各种类型的资产作出决策——资产负债表中的左边项目。
这些决策经常包含购买，持有，减少，替换，出售、和管理资产。
这个计划和管理一个公司长期投资项目的过程就称为资产预算。
作出投资决策要求运用财务管理的重要规则。
投资原则是公司应该投资在回报率高过最低报酬率的资产和项目。
门坎利率是将资源投资在一个项目中所要求的最低可接受程度额回报。
会计与财务管理专业英语第二版课后答案
会计与财务管理专业英语第二版课后答案1、He _______ walks to school, because he lives near school. [单选题] *A. sometimes(正确答案)B. neverC. doesn’tD. don’t2、( ) My mother told me _____ in bed. [单选题] *A. not readB. not readingC. don’t readD. not to read(正确答案)3、The travelers arrived _______ Xi’an _______ a rainy day. [单选题] *A. at; inB. at; onC. in; inD. in; on(正确答案)4、______! It’s not the end of the world. Let’s try it again.（）[单选题] *A. Put upB. Set upC. Cheer up(正确答案)D. Pick up5、_____ of the land in this area _____ covered with forest. [单选题] *A. Two-fifth; isB. Two fifth; areC. Two fifths; is(正确答案)D. Two fifths; are6、The children are playing wildly and making a lot of?_______. [单选题] *A. cryB. voicesC. noises(正确答案)D. music7、A modern city has sprung up in _____was a waste land ten years ago. [单选题] *A.whichC.thatD.where8、40．Star wars is ______ adventure film and it is very interesting. [单选题] *A．aB．an (正确答案)C．theD．/9、_____how to do with the trouble of the computer, Tom had to ask his brother for help. [单选题] *A.Not to knowB.Not knowing(正确答案)C.Not knownD.Not know10、Can I _______ your order now? [单选题] *A. makeB. likeC. give11、14．Builders have pulled down many old houses, and they will build a lot of new ________. [单选题] *A．ones (正确答案)B．oneC．the onesD．the one12、The Chinese team are working hard _______ honors in the Olympic Games. [单选题] *A. to win(正确答案)B. winC. winningD. won13、Can you give her some ______ ? [单选题] *A. advice(正确答案)B. suggestionC. advicesD. suggest14、The more he tried to please her, _____she seemed to appreciate it. [单选题] *A.lessB.lesserC.the less(正确答案)D.the lesser15、?I am good at schoolwork. I often help my classmates _______ English. [单选题] *A. atB. toC. inD. with(正确答案)16、28．The question is very difficult. ______ can answer it. [单选题] * A．EveryoneB．No one(正确答案)C．SomeoneD．Anyone17、There ______ a football match and a concert this weekend.（）[单选题] *A. isB. haveC. will be(正确答案)D. will have18、Nobody noticed the thief slip into the shop, because the lights happened to _______. [单选题] *A. put outB. turn outC. give outD. go out(正确答案)19、The book is very _______. I’ve read it twice. [单选题] *A. interestB. interestedC. interesting(正确答案)D. interests20、I have to _______ my glasses, without which I can’t read the book. [单选题] *A. put upB. put awayC. put downD. put on(正确答案)21、It seems slow for children to become _____ ,while adults often feel time flies. [单选题] *A. growns-upsB. growns-upC. grown upsD. grown-ups(正确答案)22、People always _____ realize the importance of health _____ they lose it. [单选题] *A. not... untilB. don't... until(正确答案)C. /; untilD. /; not until23、The city is famous _______ its beautiful scenery. [单选题] *A. for(正确答案)B. ofC. asD. to24、78．According to a report on Daily Mail, it’s on Wednesday（）people start feeling reallyunhappy. [单选题] *A. whenB. whichC. whatD. that(正确答案)25、Some people were born with a good sense of direction. [单选题] *A. 听觉B. 方向感(正确答案)C. 辨别力D. 抽象思维26、It was（）of you to get up early to catch the first bus so that you could avoid the traffic jam. [单选题] *A. senselessB. sensible(正确答案)C. sentimentalD. sensitive27、Many people believe that _________one has, _______ one is, but actually it is not true. [单选题] *A. the more money ; the happier(正确答案)B. the more money ; the more happyC. the less money ; the happierD. the less money ; the more happy28、—Who came to your office today, Ms. Brown?—Sally came in. She hurt ______ in P. E. class. （）[单选题] *A. sheB. herC. hersD. herself(正确答案)29、The manager gave one of the salesgirls an accusing look for her（）attitude towards customers. [单选题] *A. impartialB. mildC. hostile(正确答案)D. opposing30、It is reported（）three people were badly injured in the traffic accident. [单选题] *A. whichB. that(正确答案)C.whileD.what。
财务管理专业英语
财务管理专业英语fｉnancｉaｌmanagement 财务管理decｉｓion-makiｎg 决策,决策得aｃquirｅ获得,取得pubｌiclｙtｒaded corpoｒａtioｎｓ公开上市公司公众vｉce preｓｉdent of finａｎｃe财务副总裁chｉef finａncial officer 首席财务官chief executｉvｅoffｉcer 首席执行官baｌａnｃe sheeｔ资产负债表capital buｄgeｔiｎg 资本预算worｋinｇｃaｐｉtal ｍaｎaｇeｍｅｎt 营运资本管理huｒｄlｅratｅ最低报酬率ｃaｐitａl ｓtrｕcture资本结构ｍiｘof deｂt aｎｄeｑuｉty负债与股票得组合cash diviｄｅnd现金股利stｏckｈolder股东dividend pｏlicy 股利政策dividend-payｏｕt ratiｏ股利支付率sｔock repuｒｃhasｅ股票回购stock offeｒiｎｇ股票发行ｔradeoff 权衡,折中moｎｓtｏck 普通股ｃurrent liａbility 流动负债cuｒrent aｓseｔ流动资产mａrｋetａble ｓｅcｕｒity流动性资产,有价证券inveｎtｏry 存货tａngible fｉxeｄasｓets 有形固定资产in tａngible ｆiｘed aｓｓets 无形固定资产patenｔ专利ｔｒademark商标crｅdiｔor债权人stocｋhｏlｄs’ equｉｔｙ股东权益financing ｍiｘ融资组合ｒisk averｓｉon 风险规避ｖoｌatility 易变性不稳定性ａlloｃａte 配置capital allocatioｎ资本配置buｓineｓs 企业商业业务fｉnａnｃiaｌrｉｓk财务风险soleｐｒｏprietｏｒｓhip 私人业主制企业parｔｎerｓhｉp合伙制企业lｉｍiteｄｐaｒtner有限责任合伙人ｇｅneral partｎer 一般合伙人seｐaｒatｉon of oｗnership ａｎd ｃontrｏl 所有权与经营权分离clａｉm 要求主张要求权mａｎaｇemenｔbｕyout 管理层收购tendｅr oｆfer要约收购financial ｓtandards 财务准则initial publｉc ofｆering首次公开发行股票ｐｒｉvａtｅcorporation 私募公司未上市公司cloｓeｌy hｅｌｄcoｒpｏｒaｔion 控股公司boaｒｄof dirｅｃtoｒs 董事会ｅxecutove director执行董事ｎｏn－eｘeｃutｏve dｉｒeｃtｏｒ非执行董事chａiｒpersｏｎ主席cｏｎtrｏlｌer 主计长treasｕrer 司库reveｎｕe收入proｆit 利润eaｒnings per shaｒe 每股盈余ｒｅｔurn回报markeｔｓhaｒe 市场份额ｓocｉal gooｄ社会福利finａｎcｉal dｉstrｅss 财务困境stakｅhｏｌdｅr theｏry 利益相关者理论valｕe (wealth) maximｉｚatｉon价值(财富)最大化ｃｏmｍｏｎsｔoｃkhoｌdeｒ普通股股东prefｅrｒed stockｈｏlder 优先股股东dｅbt hｏlｄeｒ债权人welｌ—beｉnｇ福利diversitｙ多样化gｏing cｏｎcern 持续得ａgency prｏｂlem 代理问题ｆｒee—riding pｒoblem 搭便车问题informatioｎasymmｅtry 信息不对称reｔaiｌｉｎvｅstｏr散户投资者ｉnｓtitutioｎal iｎvesｔor 机构投资者agenｃyｒeｌaｔioｎｓhip代理关系ｎet pｒｅsｅnt vaｌuｅ净现值crｅaｔiｖｅaccｏunｔing 创造性会计stoｃk opｔion 股票期权ａｇency cosｔ代理成本bondｉｎg cｏst 契约成本ｍonitoring cosｔs 监督成本tａkeover 接管corporaｔe ａnｎｕalｒeｐortｓ公司年报balanｃｅｓｈeｅt 资产负债表ｉnｃome statemｅｎｔ利润表sｔatemeｎt ofｃash flｏｗs 现金流量表ｓｔaｔｅｍenｔoｆretaiｎed earnｉｎgs 留存收益表faiｒmarket vaｌue 公允市场价值markｅtable securiｔieｓ油价证券cｈｅck 支票ｍoney order 拨款但、汇款单wiｔhdrawａl 提款aｃｃounｔs rｅｃeivablｅ应收账款credｉｔsale赊销ｉnｖｅｎtoｒy 存货proｐerty,planｔ,aｎd eｑuipmｅｎt 土地、厂房与设备dｅｐｒeciａtion折旧aｃcｕmulated ｄeｐreciａtiｏｎ累计折旧liabiliｔy 负债cuｒrｅnｔliabｉlity流动负债lｏng—tｅrm liabilｉｔy 长期负债accouｎts ｐａyout 应付账款note payout 应付票据acｃrｕed espeｎse应计费用ｄeferreｄtａx 递延税款pｒｅferred stｏcｋ优先股coｍｍoｎｓｔｏcｋ普通股ｂｏok value 账面价值capital surpluｓ资本盈余accumuｌaｔed retaineｄearnings 累计留存收益ｈyｂrｉd混合金融工具treａsｕry ｓtoｃk 库藏股ｈistｏｒic ｃoｓt 历史成本current market ｖalｕe 现行市场价值ｒｅal ｅstaｔe 房地产outｓｔaｎding 发行在外得ａpｒｏfｉt aｎｄlｏss statemeｎt 损益表neｔｉnｃomｅ净利润oｐｅrating incｏme 经营收益ｅaｒnings pｅr shaｒe每股收益simｐｌe ｃapｉｔal structure 简单资本结构ｄｉluｔｉve冲减每股收益得basiｃearniｎgs pｅr sｈaｒe 基本每股收益coｍplｅx ｃaｐｉtal sｔrｕctures 复杂得每股收益ｄｉｌuted ｅarｎｉｎgｓper share 稀释得每股收益cｏnvertiblｅｓeｃuｒiｔｉｅｓ可转换证券wａrｒant 认股权证acｃｒual acｃoｕｎｔing 应计制会计amｏrtｉzatｉon 摊销acｃelerated meｔｈods加速折旧法stｒaｉgｈt—line depreciａtiｏn 直线折旧法statｅmｅnt ｏfｃhanges iｎsｈareholderｓ’eｑｕitｙ股东权益变动表source of ｃash 现金来源uｓe oｆｃａsh 现金运用ｏｐｅratｉng ｃash flowｓ经营现金流caｓh ｆlｏw from oｐeratiｏns 经营活动现金流ｄirect methｏｄ直接法indｉｒecｔｍｅtｈoｄ间接法ｂotｔom-up approaｃｈ倒推法invesｔｉng caｓh flows 投资现金流ｃash fｌow frｏｍinvｅsting 投资活动现金流joint venｔｕｒｅ合资企业affｉｌｉate 分支机构finａncing caｓh flows 筹资现金流cash flowｓfrom ｆiｎancing 筹资活动现金流timｅvaｌue of monｅy货币时间价值simpｌe interｅsｔ单利deｂｔinsｔrument债务工具anｎuｉｔy 年金futuｒe value 终至presｅｎt valuｅ现值cｏmpoｕnd ｉｎｔereｓt复利pｏundiｎｇ复利计算pｒicipal 本金mortｇagｅ抵押credit caｒｄ信用卡tｅrminaｌvalue终值dｉscountｉｎg 折现计算dｉscouｎtｒaｔe折现率opｐortuniｔｙcost 机会成本reｑｕired raｔｅofｒeturn要求得报酬率cosｔof capｉtaｌ资本成本ordiｎary annｕity普通年金annuｉｔy due 先付年金ｆinaｎcｉａｌｒatio 财务比率dｅｆerreｄａnnuity 递延年金resｔrictiｖeｃｏｖenants 限制性条款ｐｅrpetuity 永续年金bond iｎdｅnｔure 债券契约facｅvalue 面值ｆｉnａnciａl analｙst 财务分析师ｃｏｕpon ｒate 息票利率liqｕidity rａtiｏ流动性比率nominal interest ｒate名义利率ｃｕrrent ratio 流动比率ﻩefｆective inteｒeｓt ｒatｅ有效利率window dresｓiｎg 账面粉饰goｉnｇ—coｎcｅrｎｖaｌｕe持续经营价值markｅｔabｌe ｓeｃurｉtieｓ短期证券ｌiquｉdatioｎｖalｕｅ清算价值quick ｒatio 速动比率ﻩｂook value账面价值ｃash ratio 现金比率ｍａrｋｅr valｕｅ市场价值dｅbt managemeｎt ratiｏs债务管理比率ﻩｉｎｔrｉｎsiｃvaluｅ内在价值ｄebｔｒatio债务比率ｍispricing 给……错定价格debt-to－equｉty ｒａtio 债务与权益比率vaｌuatｉon apprｏaｃh 估价方法eｑuity multiｐlier权益乘disｃｏunted ｃash flow vａｌuatｉon 折现现金流量模型long－ｔerm rａtio 长期比率uｎdｅrvaluation 低估debt—ｔo—total—capitａｌ债务与全部资本比率ﻩoveｒｖａlｕatｉon 高估lｅveraｇｅｒaｔiｏｓ杠杆比率option－priciｎg mｏdel 期权定价模型ｉnteresｔcoverage ratiｏ利息保障比率conｔinｇent ｃlaim valuatioｎ或有要求权估价earnｉｎgs beforｅinterest and tａxes 息税前利润proｍissoｒy noｔe 本票ｃash flow coverage ｒatio 现金流量保障比率contractuａl provisｉoｎ契约条款asset management ｒaｔios 资产管理比率pａr ｖalue票面价值accｏｕnｔs recｅivable tuｒnｏｖer ratiｏ应收账款周转率matuｒity vaｌｕe 到期价值ｉnveｎtory tuｒｎｏver ratio 存货周转率coupon息票利息inｖｅntory procｅｓｓing perｉoｄ存货周转期coｕpon paymeｎt 息票利息支付acｃounts pａｙabｌe tuｒnovｅr rａtio 应付账款周转率ｃｏuｐon inteｒest rate 息票利率casｈcoｎversion cycｌe现金周转期maturity到期日ａssｅt turnover ratiｏ资产周转率ｔeｒm ｔｏmaturiｔｙ到期时间profｉtabｉlity ratio盈利比率ﻩｃall prｏviｓｉon赎回条款groｓs proｆit mａｒgｉn 毛利润ﻩcaｌｌprice 赎回价格ｏｐeｒaｔinｇprofit margiｎ经营利润sinｋingｆuｎd provｉsion 偿债基金条款ｎｅt ｐrofiｔｍaｒｇin 净利润ﻩcｏnveｒｓion rigｈt转换权reｔurn on aｓseｔ资产收益率ﻩput proviｓiｏn 卖出条款rｅturn on total ｅquｉty ratio全部权益报酬率indｅnturｅ债务契约ｒeturn on coｍmon eｑuity 普通权益报酬率coｖｅnant 条款maｒｋet-ｔｏ—book vａlue ratiｏ市场价值与账面价值比率ｔrustee 托管人ｍarｋet valuｅｒaｔiｏｓ市场价值比率ｐrotectｉvｅcovenａnｔ保护性条款dｉｖidenｄyieｌｄ股利收益率nｅgatiｖe ｃｏvenaｎｔ消极条款dividenｄpaｙｏut股利支付率ﻩｐｏｓitive ｃｏvenant积极条款ｆｉnancial sｔatemｅｎｔ财务报表seｃured deｈt担保借款profｉtability 盈利能力ｕnｓecurｅｄｄeht信用借款viaｂility生存能力ﻩcreｄitｗortｈｉneｓs 信誉ｓｏｌvency偿付能力ﻩcｏllａterａl 抵押品ｃｏlｌaterａl trust boｎds 抵押信托契约deｂｅntｕre信用债券boｎd rａｔing 债券评级ｃurｒent yielｄ现行收益yieｌd to matuｒｉty 到期收益率default risk 违约风险intｅrｅst rａte risk 利息率风险aｕthｏrized sｈａres 授权股outsｔanding ｓhａres发行股tｒeａsｕrｙｓhare 库藏股ｒepurｃhase 回购riｇht ｔo pｒoｘy代理权rｉｇhｔｔo vote 投票权ｉndeｐeｎdｅnｔaudiｔｏr 独立审计师ｓtrａigｈt or majority voting 多数投票制ｃumulaｔive ｖotiｎg积累投票制ｌiqｕidation 清算rigｈｔtｏtraｎsｆer owｎeｒsｈip 所有权转移权ｐreｅmpｔiｖe right 优先认股权divｉｄｅndｄiscount modeｌ股利折现模型cａｐｉｔaｌａｓｓeｔpｒicｉngｍoｄｅl资本资产定价模型consｔａnｔgroｗtｈmodｅl 固定增长率模型ｇrowth ｐerpetuity增长年金mortgage bｏnds 抵押债券pｏｒtfolio 组合diverｓifiａble rｉsｋ可分散风险ｍaｒkｅt risｋ市场风险ｅｘｐｅcted rｅturn期望收益voｌaｔilｉｔy 流动性stanｄ-alonｅｒｉsk 个别风险ｒａｎdoｍvariable随机变量。
财务管理专业英语练习及答案
The following information is available for T om, a limited liability company:Summarized income statement for the year ended 31 December 2010.$’000Profit from operations 3,650Finance cost (loan note interest) (300)3,350Income tax expense (700)Net profit for the period 2,650Notes:1.The additional loan notes were issued on 1 January 2010. Interest was paid on 30 June2010 and 31 December 2010.2.Dividends paid during the year amounted to $750,000.RequiredPrepare the company’s cash flow statement for the year ended 31 December 2010.Cash flow statement for the year ended 31 December 2010$’000 Net profit 2,650 Add: depreciation [5,600-4,800] 800 Operating profit before working capital changes 3,450 Decrease in inventories (3,400-3,800) 400 Increase in receivables (3,800-2,900) (900) Increase in payables (3,700-3,200) 500 Increase in accruals (700-600) 100 Cash generated from operations 3,550Cash flows from investing activitiesPayments to acquire non-current assets (5,400-3,200+800) (3,000) Net cash used in investing activities (3,000)Cash flow from financing activitiesProceeds from issue of loan notes (3,000-2,000) 1,000 Dividends paid (750) Net cash from financing activities 250 Net increase in cash 800 Cash at 1 January 2010 400 Cash at 31 December 2010 1,200Below are the most recent financial statements for Wildhack. Based on the balance sheet and income statement, calculate the following ratios for 2010:(1)Current ratio; (2) Quick ratio; (3) Cash ratio; (4) Debt ratio; (5) Long-term debt ratio;(6) Times interest earned; (7) Cash flow coverage ratio; (8) Accounts receivable turnover ratio; (9) Inventory turnover ratio; (10) Accounts payable turnover ratio; (11) T otal asset turnover ratio; (12) Gross profit margin; (13) Net profit margin; (14) ROA (use net income in the numerator); (15) ROEWildhack Corporation2010 Income StatementWildhack CorporationBalance Sheet as of December 31, 2009 and 20101、Current ratio=648/1183=0.552、Quick ratio=(88+192)/1183=0.243、Cash ratio=88/1183=0.074、Debt ratio=(1183+2077)/6002=0.545、Long-term debt ratio=2077/6002=0.356、Times interest earned=813/613=1.337、Cash flow coverage ratio=(813+490)/613=2.138、Accounts receivable turnover ratio=2*3756/(224+192)=18.069、Inventory turnover ratio=2*2453/(424+368)=6.1910、Accounts payable turnover ratio=2*2453/(124+144)=18.3111、T otal assets turnover ratio=2*3756/(5996+6002)=0.6312、Gross profit margin=(3756-2453)/3756=0.3513、Net profit margin=132/3756=0.0414、ROA=2*132/(5996+6002)=0.0215、ROE=2*132/(2656+2742)=0.05Gross Sales 销售总额Less: Sales Returns and Allowances 销售退回及折让Sales Discounts 销售折扣Net Sales 销售净额Less: Cost of Goods Sold 销售成本Gross Profit on Sales 销售毛利Net Sales=Net Cash Sale + Net Credit Sale销售净额=现销净额+赊销净额。
财务管理专业英语练习题
专业英语作业Topic 1:Agency is an area of commercial institution dealing with a contractual or quasi-contractual, or non-contractual set of relationships when a person, called the agent, is authorized to act on behalf of another (called the principal) to create a legal relationship with a third party.Money market is a component of the financial markets for assets involved in short-term borrowing and lending with original maturities of one year or shorter time frames.Capital market is a market for securities (debt or equity), where business enterprises and governments can raise long-term funds. It is defined as a market in which money is provided for periods longer than a year.Spontaneous financing refers to the automatic source of short term funds arising in the normal course of short term course of business. Trade credit and out standing expenses are examples of spontaneous financing.Financial intermediary is a financial institution that connects surplus and deficit agents. Secured loan is a loan in which the borrower pledges some asset as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan.Unsecured Loan A loan that is issued and supported only by the borrower's creditworthiness, rather than by some sort of collateral.Marketability is a measure of the ability of a security to be bought and sold for a price at which similar items are dealling.Perpetuity is an annuity that has no end, or a stream of cash payments that continues forever. Hedge-matching In asset management, the coordination of an organization's cash inflows with cash outflows by matching the maturity of income generating assets (such as certificates of deposit) with the maturity of interest incurring liabilities (debts).Topic 2:美国IBM从1984年左右开始由兴到衰，由年盈利66亿美元到1992年亏损达49.7亿美元。
财务管理英文题库及答案
财务管理英文题库及答案1. Question: What is the primary goal of financial management in a business?Answer: The primary goal of financial management in a business is to maximize the value of the firm to its shareholders by making optimal investment and financing decisions.2. Question: What is the difference between a current asset and a non-current asset?Answer: A current asset is an asset that is expected to be converted to cash or used up within one year or one operating cycle of the business. A non-current asset, on the other hand, is an asset that is not expected to be converted to cash or used up within one year or one operating cycle.3. Question: Explain the concept of Time Value of Money (TVM).Answer: The Time Value of Money (TVM) is a financial concept that states that a sum of money received today isworth more than the same sum received in the future due toits potential earning capacity. This principle is fundamental to finance and is used to evaluate the relative worth of money at different points in time.4. Question: What is the formula for calculating the presentvalue of a future sum of money?Answer: The formula for calculating the present value (PV) of a future sum of money (FV) is: PV = FV / (1 + r)^n, where r is the discount rate and n is the number of periods.5. Question: Define the term 'Leverage' in the context of financial management.Answer: Leverage in financial management refers to the use of borrowed funds to increase the potential return of an investment. It is a strategy that can amplify gains but also increases the risk of losses if the investment does not perform as expected.6. Question: What is the DuPont Identity and how is it usedin financial analysis?Answer: The DuPont Identity is a formula used to break down the return on equity (ROE) into three parts: net profit margin, asset turnover, and financial leverage. It is used in financial analysis to understand the drivers of a company's profitability and to compare it with other companies.7. Question: How does inflation affect a company's financial statements?Answer: Inflation affects a company's financial statements by reducing the purchasing power of money. It can lead to higher costs for raw materials and labor, which can decrease profit margins. Additionally, inflation can cause assets andliabilities to be understated, and it may affect the real value of reported earnings.8. Question: Explain the concept of Capital Budgeting and its importance.Answer: Capital Budgeting is the process of evaluating the profitability of long-term investments or projects. It is important because it helps a company decide which projects to undertake based on their potential to generate returns over time, considering the time value of money and the risks involved.9. Question: What is the difference between a fixed cost anda variable cost?Answer: A fixed cost is a cost that does not change with the level of production or sales, such as rent or salaries. A variable cost, however, changes in direct proportion to the level of production or sales, such as raw materials or direct labor costs.10. Question: Define the term 'Liquidity Ratios' and provide examples.Answer: Liquidity Ratios are financial metrics used to measure a company's ability to pay off its short-term debts. Examples include the Current Ratio (current assets divided by current liabilities) and the Quick Ratio (current assets minus inventory divided by current liabilities). These ratios help assess the liquidity position of a business.。
会计与财务管理专业英语课后答案徐鹿
会计与财务管理专业英语课后答案徐鹿1、The plane arrived at London airport _______ Wednesday morning. [单选题] *A. on(正确答案)B. atC. inD. for2、By the end of this month, all this _____. [单选题] *A. is changedB．will changeC. will have changed(正确答案)D. has changed3、—Excuse me, how long does it ______ to walk to the library? —About 15 minutes, I’m afraid.（）[单选题] *A. take(正确答案)B. spendC. costD. pay4、Bob used ______ on the right in China, but he soon got used ______ on the left in England.（）[单选题] *A. to drive; to driveB. to drive; drivingC. to driving; to driveD. to drive; to driving(正确答案)5、I?have to?_______ my younger brother on Sunday. [单选题] *A. look after(正确答案)B. look upC. take careD. look out6、The students in that university are not fewer than（）in our university. [单选题] *A. the oneB. thatC. themD. those(正确答案)7、--Jimmy, you are supposed to?_______ your toys now.--Yes, mom. [单选题] *A. put upB. put onC. put away(正确答案)D. put down8、( ) It tells what is going on ___the county and all____the world. [单选题] *A. across; over(正确答案)B. all; acrossC. in; inD.to; for9、Don’t forget _______ those books when you are free. [单选题] *A. to read(正确答案)B. readingC. readD. to reading10、If you pass your exams, we’ll have a party to celebrate. [单选题] *A. 宣布B. 发表C. 解放D. 庆祝(正确答案)11、—Mum, could you buy a schoolbag ______ me when you go shopping?—No problem.（）[单选题] *A. ofB. toC. inD. for(正确答案)12、Can you tell me how the accident _______? [单选题] *A. came about(正确答案)B. came backC. came downD. came from13、You might not like the way Sam behaves, but please be kind to him. _____, he is your grandfather. [单选题] *A. After all(正确答案)B. Above allC. In allD. At all14、He gathered his courage and went on writing music. [单选题] *A. 从事B. 靠······谋生C. 继续(正确答案)D. 致力于15、He either watches TV _______ reads books in the evening. [单选题] *A. or(正确答案)B. andC. toD. so16、At half past three she went back to the school to pick him up. [单选题] *A. 等他B. 送他(正确答案)C. 抱他D. 接他17、( ) _____ New York _____ London have traffic problems. [单选题] *B. Neither….norC. Both…and(正确答案)D. Either…or18、一Mary wants to invite you to see the movie today. 一I would rather she（B）me tomorrow. [单选题] *A.tellsB. told (正确答案)C. would tellD. had told19、Seldom _____ in such a rude way. [单选题] *A.we have been treatedB. we have treatedC. have we been treated(正确答案)D. have treated20、John is fond of playing _____ basketball and Jack is keen on playing _____ piano. [单选题] *A．/…the(正确答案)B．the…/D．the…the21、72．I really don’t know how to thank you , but for your help, I （）my lost necklace．[单选题] *A.couldn’t have found(正确答案)B.mustn’t have foundC.couldn’t findD.wouldn’t find22、69．Online shopping is easy, but ________ in the supermarket usually ________ a lot of time. [单选题] *A．shop; takesB．shopping; takeC．shop; takeD．shopping; takes(正确答案)23、Do not _______ me to help you unless you work harder. [单选题] *A. expect(正确答案)B. hopeC. dependD. think24、—Could you please make the bed?—______.（）[单选题] *A. Yes, I wasB. No, I don’tC. Sure, I’ll do it(正确答案)D. No, that’s no problem25、He is a student of _______. [单选题] *A. Class SecondB. the Class TwoC. Class Two(正确答案)D. Second Two26、______ my great joy, I met an old friend I haven' t seen for years ______ my way ______ town. [单选题] *A. To, in, forB. To, on, to(正确答案)C. With, in, toD. For, in, for27、Our school is beautiful. How about _______? [单选题] *A. theirs(正确答案)B. theirC. theyD. them28、33．Will Mary's mother ______ this afternoon? [单选题] *A．goes to see a filmB．go to the filmC．see a film(正确答案)D．goes to the film29、( ) Some students preferred to stay in the toilet ______ do morning exercises. [单选题] *A in order to notB in not order toC in order not to(正确答案)D not in order to30、( ) .Would you please ______me the gifts from your friends? [单选题] *A.to showB. showingC. show(正确答案)D. shown。
财务类英语试题及答案
财务类英语试题及答案一、选择题（每题1分，共10分）1. Which of the following is a common financial statement?A. Balance SheetB. Income StatementC. Cash Flow StatementD. All of the above2. The term "equity" in finance refers to:A. Money owed to a company.B. Money invested in a company.C. Money earned by a company.D. Money spent by a company.3. What is the formula for calculating the return on investment (ROI)?A. ROI = (Net Income / Total Assets) * 100B. ROI = (Total Assets / Net Income) * 100C. ROI = (Net Profit / Cost of Investment) * 100D. ROI = (Cost of Investment / Net Profit) * 1004. The process of forecasting a company's future financial position is known as:A. BudgetingB. ForecastingC. PlanningD. Analysis5. Which of the following is not a type of financial risk?A. Credit riskB. Market riskC. Liquidity riskD. Fixed risk6. The term "leverage" in finance is used to describe:A. The use of borrowed money to increase potential returns.B. The process of selling a financial asset.C. The amount of money a company has in the bank.D. The ratio of a company's equity to its debt.7. What does "EBIT" stand for in financial analysis?A. Earnings Before Interest and TaxesB. Earnings Before Income and TaxesC. Earnings Before Interest and TotalD. Earnings Before Interest, Taxes, and Depreciation8. The "time value of money" concept implies that:A. Money received in the future is worth less than money received today.B. Money received in the past is worth more than money received today.C. Money has no value over time.D. The value of money is constant over time.9. Which of the following is a method of financial analysis?A. SWOT analysisB. PEST analysisC. Ratio analysisD. Porter's Five Forces analysis10. The "break-even point" in finance is the point at which:A. A company's revenue equals its expenses.B. A company's net income is zero.C. A company's assets equal its liabilities.D. A company's cash flow is positive.答案：1. D2. B3. C4. B5. D6. A7. A8. A9. C10. A二、填空题（每题1分，共5分）11. The __________ is a financial statement that shows a company's assets, liabilities, and equity at a particular point in time.Answer: Balance Sheet12. The __________ is the difference between revenue and expenses during a specific period.Answer: Net Income13. In finance, the term "capital" often refers to the__________ of the business.Answer: Owners' Equity14. If a company's current assets are greater than itscurrent liabilities, it is said to have a positive __________. Answer: Working Capital15. The __________ is a measure of how well a company can pay its current debts.Answer: Quick Ratio三、简答题（每题5分，共10分）16. What is the purpose of a financial statement analysis?Answer: The purpose of financial statement analysis is to assess the performance and financial health of a company. It helps investors, creditors, and other stakeholders to make informed decisions about the company's financial stability, profitability, and risk.17. Explain the difference between "operating activities" and "financing activities" in the context of a cash flow statement.Answer: Operating activities in a cash flow statement referto the cash transactions that are directly related to thecore business operations of the company, such as cashreceived from sales and cash paid for expenses. Financing activities, on the other hand, involve cash transactions related to the company's financing arrangements, such as issuing or repaying debt, issuing or buying back shares, and paying dividends.四、计算题（每题5分，共5分）18. If a company has a net profit of $100,000 and a cost of investment of $500,000, what is the ROI?Answer: ROI = (Net Profit / Cost of Investment) * 100ROI = (100,000 / 500,000) * 100ROI = 20%五、论述题（每题10分，共10分）19. Discuss the importance of financial planning in business management.Answer: Financial planning is a critical component of business management as it helps in setting financial goals, allocating resources efficiently, and forecasting。
财务管理专业英语
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财务管理专业英语
1.2.2 Financing Decisions
o If the firm decides to raise funds externally, the financial manager can do so by incurring debts, such as through bank loans or the sale of bonds, or by selling ownership interests through a stock offering.
o 会计科目；账户
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财务管理专业英语
1）Account、Accounting & Accountant
o Accounting：会计、会计学 Financial Accounting and Managerial Accounting are two major specialized fields in Accounting. 财务会计和管理会计是会 计的两个主要的专门领域。 Accounting elements 会计要素
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财务管理专业英语
三、others—其它
o 作业 o 平时成绩占期末总成绩的10%
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财务管理专业英语
1、Introduction to Financial Management (1)
1.1 Financial Management and Financial Manager
9. Capital Structure 资本结构
10. Dividend Policy 股利政策
11. Working Capital Management 营运资本管理
财务管理专业英语复习题
《11级财务管理专业英语》复习资料考试题型：一、短语中英互译(20x1=20分)二、从下列选项中选出最佳答案(20x1=20分)三、计算题（25分）四、段落中英互译（35分）同学们:考试的时候请带上没有存储功能的计算器，试卷上只要是涉及到计算的题里面的数字可能与复习资料上的数字不完全一样，但是计算方法是完全一样的，所以大家要掌握计算方法，考试的时候要自己计算。
预祝同学们取得好成绩。
Part I terminology translation (1*20 points)Directions: interpret the following terminology in English or Chinese.（范围课后核心词汇）e.g.：1. financial management---译成汉语2.普通股----译成英语Part II Choice questions (1*20 points) (Please write your answer in the following table)1. Financial statement does not include ( )A. balance sheetB. income statementC. cash flow statementD. working sheet2. An increase in which one of the following will increase the operating cash flow?A.employee salariesB. office rentC. building maintenanceD. equipment depreciation3. The process of planning and managing a firm’s long-term investments is called:A. working capital management.B. financial depreciation.C. capital budgeting.D. capital structure.4. Cash equivalents include ( )A. time depositsB. inventoriesC. accounts receivableD. prepaid expenses5. The internal rate of return for a project will increase if:A. the initial cost of the project can be reduced.B. the total amount of the cash inflows is reduced.C. the required rate of return is reduced.D. the salvage value of the project is omitted from the analysis.6. Which of the following belongs to current liabilities?( )A. mortgages payableB. prepaid expensesC. notes payableD. bonds payable7. You spent $500 last week fixing the transmission in your car. Now, the brakes are acting up and you are trying to decide whether to fix them or trade the car in for a newer model. In analyzing the brake situation, the $500 you spent fixing the transmission is a(n) ___ cost.A. opportunityB. sunkC. incrementalD. fixed8. Which of the following statements are correct concerning diversifiable risks?I. Diversifiable risks can be essentially eliminated by investing in several securities.II. The market rewards investors for diversifiable risk by paying a risk premium.III. Diversifiable risks are generally associated with an individual firm or industry.IV. Beta measures diversifiable risk.A. I and III onlyB. II and IV onlyC. I and IV onlyD. II and III only9. Which of the following is a liability account?（）A. prepaid insuranceB. additional paid-in capitalC. salaries payableD. accumulated depreciation10. Accountants employed by large corporations may work in the areas of the following except ( )A. product costing and pricingB. budgetingC. internal auditingD. product producing11. A corporation’s first sale of equity made available to the public is called a(n):（）A. share repurchase program.B. private placement.C. initial public offering (IPO).D.seasoned equity offering (SEO).12. Standard deviation measures ____ risk.A. totalB. nondiversifiableC. unsystematicD. systematic13. ( ) is the value at some future time of a present amount of money, or a series of payments, evaluated at a given interest rate.A. future valueB. present valueC. intrinsic valueD. market value14. Ellesmere Corporation issues 1 million $1 par value bonds. The stated interest rate is 8% per year and the interest is paid twice a year. What is the real interest rate of the bond? ( )A. 6%B.4%C. 10%D. (1+8%/2)2-115. Your firm purchased a warehouse for $335,000 six years ago. Four years ago, repairs were made to the building which cost $60,000. The annual taxes on the property are $20,000. The warehouse has a current book value of $268,000 and a market value of $295,000. The warehouse is totally paid for and solely owned by your firm. If the company decides to assign this warehouse to a new project, what value, if any, should be included in the initial cash flow of the project for this building? （）A. $268,000B. $295,000C. $395,000D. $515,00016.Which one of the following will decrease the operating cycle?A. paying accounts payable fasterB. discontinuing the discount given for early payment of an accounts receivableC. decreasing the inventory turnover rateD. collecting accounts receivable faster17. Assume that dividends of a common stock will be maintained at D forever, and the required return of the stockholder is r, the par value of the stock is m, the value of the stock is ( )A. mB. m+DC. m+D/rD. D/r18. Which of the following items has the most risk? ( )A. treasury billB. corporate bondC. preferred stockD. common stock19. ( ) equals the gross profit divided by net sales of a firm.A. gross profit marginB. net profit marginC. return on investmentD. return on equity20. ( ) is the ratios that measure a firm’s ability to meet short-term obligationsA. liquidity ratiosB. leverage ratiosC. coverage ratiosD. activity ratios21.Sensitivity analysis helps you determine the:A. range of possible outcomes given possible ranges for every variable.B. degree to which the net present value reacts to changes in a single variable.C. net present value given the best and the worst possible situations.D. degree to which a project is reliant upon the fixed costs.22. According GAAP revenue is recognized as income when: （）A. a contract is signed to perform a service or deliver a good.B. the transaction is complete and the goods or services delivered.C. payment is received.D. income taxes are paid.E. all of the above.23. ( ) is the result of Net Profit Margin × total asset turnover × (total assets/shareholders’ equity)A. Return on equityB. return on investmentC. current ratioD. quick ratio24. Government tax law adjustment is ( ) to a firm.A. general economic riskB. inflation and deflation riskC. firm-specific risk25.Which of the following statements concerning the income statement is not true?A. It measures performance over a specific period of time.B. It determines after-tax income of the firm.C. It includes deferred taxes.D. It does not include depreciation.E. it treats interest as an expense.26.Which of the following is not a noncash deduction?A. Depreciation.B. Deferred taxes.C. Interest.D. Two of the aboveE. All of the above.27.Sasha Corp had an ROA of 10%. Sasha’s profit margin was 6% on sales of $180. What are total assets? （）A.$300B.$108C.$48. D$162.28. Calculate net income based on the following information ( )Sales = $200.00Cost of goods sold = $100.00Depreciation = $18.00Interest paid = $25.00Tax rate = 34%A. $16.50B. $37.62C. $34.60D. $4.6029.Which of the following is not true? （）A. Financial markets can be used to adjust consumption patterns over time.B. Corporate investment decisions have nothing to do with financial markets,C. Financial markets deal with cash flows over time.D. Investment decisions rely on the economic principles of financial markets.E. None of the above.30. ( ) is concerned with the acquisition, financing, and management of assets with some overall goal in mind.A. Financial managementB. Profit maximizationC. Agency theoryD. Social responsibility31. A major disadvantage of the corporate form of organization is the ( ).A. double taxation of dividendsB. inability of the firm to raise large sums of additional capitalC. limited liability of shareholdersD. limited life of the corporate form.32. Interest paid (earned) on both the original principal borrowed (lent) and previous interest earned is often referred to as ( ).A. present valueB. simple interestC. future valueD. compound interest33. If the intrinsic value of a share of common stock is less than its market value, which of the following is the most reasonable conclusion? ( )A. The stock has a low level of risk.B. The stock offers a high dividend payout ratio.C. The market is undervaluing the stock.D. The market is overvaluing the stock.34. A 250 face value share of preferred stock, pays a 20 annual dividend and investors require a 7% return on this investment. If the security is currently selling for 276, what is the difference (overvaluation) between its intrinsic and market value (rounded to the nearest whole dollar)?A. approximately 26B. approximately 10C. approximately 6D. approximately 135. Felton Farm Supplies, Inc., has an 8 percent return on total assets of 480,000 and a net profit margin of 6percent. What are its sales? ( )A. 3,750,000B.640,000C. 480,000D. 1,500,00036. A company can improve (lower) its debt-to-total asset ratio by doing which of the following?A. Borrow more.B. Shift short-term to long-term debt.C. Shift long-term to short-term debt.D. issue common stock.37. The DuPont Approach breaks down the earning power on shareholders' book value (ROE) as follows: ROE = ( ).A. Net profit margin × Total asset turnover × Equity multiplierB. Total asset turnover × Gross profit margin × Debt ratioC. Total asset turnover × Net profit marginD. Total asset turnover × Gross profit margin × Equity multiplier38. Which of the following items concerns financing decision? ( )A. sales forecastingB. bond issuingC. receivables collectionD. investment project selection39. Which of the following items is the function of a treasurer? ( )A. cost accountingB. internal controlC. capital budgetingD. general ledger40. For financial instruments, ( ) is judged in relation to the ability to sell a significant volume of securities ina short period of time without significant price concession.A. maturityB. marketabilityC. defaultD. inflation41. ( ) is the value at some future time of a present amount of money, or a series of payments, evaluated at a given interest rate.A. future valueB. present valueC. intrinsic valueD. market valuePart III: Calculation Questions ( 2*10 points)（注意：要写出计算公式和计算过程，否则不得分；需要用文字描述的问题回答内容要详细，语句正确、完整。
财务管理试卷及答案
《财务管理》期末练习题1一、单项选择题1．甲方案标准离差比乙方案标准离差大，如果甲、乙两方案期望值不同，则甲方案与乙方案风险的关系是：A．大于B小于C等于D无法确定2．下列因素引起的风险中，投资者可以通过证券投资组合予以消减的是：A宏观经济状况变化B世界能源状况变化C发生经济危机 D被投资企业出现经营失误3．某人以40元的价格购入一张股票，该股票预期股利为1.02元，预计半年后能以50元的价格出售，则该股票的年持有期收益率应为：A．55.1% B．27.55% C．21% D．2.04%4．某公司发行总面额为500万元的10年期债券，票面利率为12%，发行费用率为5%，公司所得税税率为33%。
该债券采用溢价发行，发行价格为600万元，该债券的资金成本为：A．8.46% B．7.05% C．24% D．9.38%5．一般而言，在其他因素不变的情况下，固定成本越高，则：A．经营杠杆系数越小，经营风险越大 B．经营杠杆系数越大，经营风险越小C．经营杠杆系数越小，经营风险越小 D．经营杠杆系数越大，经营风险越大6．已知某种存货的全年需要量为6000个单位，假设一年工作日为300天，预计交货期内原材料的需要量为500个单位，则该存货的订货提前期为：A．12天 B．15天 C．25天 D．30天7．某投资项目的净现值为500万元，折现率为10%（P/A, 10%, 10=6.1446；F/A, 10%, 10=15.937），项目计算期为10年，则其年等额净回收额为： A．81.37万元 B．61.44万元 C．31.35万元 D．79.65万元8．下列不属于发展能力指标的是：A．资本积累率 B．资产现金回收率 C．技术投入比率 D．三年资本平均增长率9．已知某完整工业投资项目的固定资产投资为100万元，无形资产投资为20万元，流动资金投资为30万元，建设期资本化利息为10万元。
则下列有关该项目相关指标的表述中正确的是：A．投资总额为150万元B．原始投资为160万元C．建设投资为130万元 D．固定资产原值为110万元10．采用成本分析模式确定现金最佳持有量时，考虑的成本因素是：A．持有成本和转换成本B．机会成本和转换成本C．机会成本和短缺成本 D．管理成本和转换成本二、多项选择题1．股东通过经营者伤害债权人利益的常用方式是：A．不经债权人的同意，投资于比债权人预期风险要高的新项目B．不顾工人的健康和利益 C．不征得原有债权人同意而发行新债 D．不是尽最大努力去实现企业财务管理目标2．若有两个投资方案，原始投资额不相同，彼此相互排斥，各方案项目计算期不同，可以采用下列哪些方法进行选优：A．差额投资内部收益率法 B．计算期统一法 C．年等额净回收额法 D．净现值法3．在不存在通货膨胀的情况下，利率的组成因素包括：A．纯利率 B．违约风险报酬率 C．流动性风险报酬率 D．期限风险报酬率4．采用现金股利形式的企业必须具备两个条件是：A．企业要有足够的现金B．企业要有足够的未指明用途的留存收益C．企业要有足够的留存收益 D．企业要有足够的净利润5．下列各项中，属于筹资决策必须考虑的因素有：A．取得资金的渠道B．取得资金的方式C．取得资金的总规模D．取得资金的成本与风险6．下列哪些因素变动，会使存货再订货点增大：A．每次订货的经济订货量增加 B．每天消耗的原材料数量增加C．原材料的在途时间延长 D．每次订货成本增大7．关于投资者要求的期望投资报酬率，下列说法中正确的有：A．风险程度越高，要求的报酬率越低B．无风险收益率越高，要求的必要收益率越高C．投资者对风险的态度越是回避，风险收益率就越低D．风险程度越高，要求的必要收益率越高8．下列筹资活动会加大财务杠杆作用的是：A．增发普通股 B．利用留存收益 C．增发公司债券 D增加银行借款9．按照资本保全约束要求，企业发放股利所需资金的来源包括：A．当期利润 B．留存收益 C．原始投资 D．股本10．下列表述正确的是：A．当利率大于零，计息期一定的情况下，年金现值系数一定都大于1 B．当利率大于零，计息期一定的情况下，年金终值系数一定都大于1 C．当利率大于零，计息期一定的情况下，复利终值系数一定都大于1D．当利率大于零，计息期一定的情况下，复利现值系数一定都小于1三、判断题1．补偿性余额的约束有助于降低银行贷款风险，但同时也减少了企业实际可动用借款额，提高了借款的实际利率。
财务管理专业英语(吐血整理)
Topic1：1、Financial management is an integrated decision-making process concerned with acquiring, financing, and managing assets to accomplish some overall goal within a business entity.财务管理是为了实现一个公司总体目标而进行的涉及到获取、融资和资产管理的综合决策过程。
2、Making financial decisions is an integral part of all forms and sizes of business organizations from small privately-hold forms to large publicly-traded corporations.做财务决策对于所有形式和规模的商业组织，无论是小型私人公司还是大型公开上市公司，都是不可分割的一部分。
3、In today’s rapidly changing environment, the financ ial manager must have the flexibility to adapt to external factors such as economic uncertainty, global competition, technological change, volatility of interest and exchange rates, changes in laws and regulations, and ethical concerns.在当今瞬息万变的环境中，财务经理必须具备足够的灵活性以适应外部因素，如经济的不确定性、国际竞争、技术变革、利息波动、汇率变动、法律法规变化以及商业道德问题。
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《11级财务管理专业英语》复习资料考试题型：一、短语中英互译(20x1=20分)二、从下列选项中选出最佳答案(20x1=20分)三、计算题（25分）四、段落中英互译（35分）同学们:考试的时候请带上没有存储功能的计算器，试卷上只要是涉及到计算的题里面的数字可能与复习资料上的数字不完全一样，但是计算方法是完全一样的，所以大家要掌握计算方法，考试的时候要自己计算。
预祝同学们取得好成绩。
Part I terminology translation (1*20 points)Directions: interpret the following terminology in English or Chinese.（范围课后核心词汇）e.g.：1. financial management---译成汉语2.普通股----译成英语Part II Choice questions (1*20 points) (Please write your answer in the following table)1. Financial statement does not include ( )A. balance sheetB. income statementC. cash flow statementD. working sheet2. An increase in which one of the following will increase the operating cash flow?A.employee salariesB. office rentC. building maintenanceD. equipment depreciation3. The process of planning and managing a firm’s long-term investments is called:A. working capital management.B. financial depreciation.C. capital budgeting.D. capital structure.4. Cash equivalents include ( )A. time depositsB. inventoriesC. accounts receivableD. prepaid expenses5. The internal rate of return for a project will increase if:A. the initial cost of the project can be reduced.B. the total amount of the cash inflows is reduced.C. the required rate of return is reduced.D. the salvage value of the project is omitted from the analysis.6. Which of the following belongs to current liabilities?( )A. mortgages payableB. prepaid expensesC. notes payableD. bonds payable7. You spent $500 last week fixing the transmission in your car. Now, the brakes are acting up and you are trying to decide whether to fix them or trade the car in for a newer model. In analyzing the brake situation, the $500 you spent fixing the transmission is a(n) ___ cost.A. opportunityB. sunkC. incrementalD. fixed8. Which of the following statements are correct concerning diversifiable risks?I. Diversifiable risks can be essentially eliminated by investing in several securities.II. The market rewards investors for diversifiable risk by paying a risk premium.III. Diversifiable risks are generally associated with an individual firm or industry.IV. Beta measures diversifiable risk.A. I and III onlyB. II and IV onlyC. I and IV onlyD. II and III only9. Which of the following is a liability account?（）A. prepaid insuranceB. additional paid-in capitalC. salaries payableD. accumulated depreciation10. Accountants employed by large corporations may work in the areas of the following except ( )A. product costing and pricingB. budgetingC. internal auditingD. product producing11. A corporation’s first sale of equity made available to the public is called a(n):（）A. share repurchase program.B. private placement.C. initial public offering (IPO).D.seasoned equity offering (SEO).12. Standard deviation measures ____ risk.A. totalB. nondiversifiableC. unsystematicD. systematic13. ( ) is the value at some future time of a present amount of money, or a series of payments, evaluated at a given interest rate.A. future valueB. present valueC. intrinsic valueD. market value14. Ellesmere Corporation issues 1 million $1 par value bonds. The stated interest rate is 8% per year and the interest is paid twice a year. What is the real interest rate of the bond? ( )A. 6%B.4%C. 10%D. (1+8%/2)2-115. Your firm purchased a warehouse for $335,000 six years ago. Four years ago, repairs were made to the building which cost $60,000. The annual taxes on the property are $20,000. The warehouse has a current book value of $268,000 and a market value of $295,000. The warehouse is totally paid for and solely owned by your firm. If the company decides to assign this warehouse to a new project, what value, if any, should be included in the initial cash flow of the project for this building? （）A. $268,000B. $295,000C. $395,000D. $515,00016.Which one of the following will decrease the operating cycle?A. paying accounts payable fasterB. discontinuing the discount given for early payment of an accounts receivableC. decreasing the inventory turnover rateD. collecting accounts receivable faster17. Assume that dividends of a common stock will be maintained at D forever, and the required return of the stockholder is r, the par value of the stock is m, the value of the stock is ( )A. mB. m+DC. m+D/rD. D/r18. Which of the following items has the most risk? ( )A. treasury billB. corporate bondC. preferred stockD. common stock19. ( ) equals the gross profit divided by net sales of a firm.A. gross profit marginB. net profit marginC. return on investmentD. return on equity20. ( ) is the ratios that measure a firm’s ability to meet short-term obligationsA. liquidity ratiosB. leverage ratiosC. coverage ratiosD. activity ratios21.Sensitivity analysis helps you determine the:A. range of possible outcomes given possible ranges for every variable.B. degree to which the net present value reacts to changes in a single variable.C. net present value given the best and the worst possible situations.D. degree to which a project is reliant upon the fixed costs.22. According GAAP revenue is recognized as income when: （）A. a contract is signed to perform a service or deliver a good.B. the transaction is complete and the goods or services delivered.C. payment is received.D. income taxes are paid.E. all of the above.23. ( ) is the result of Net Profit Margin × total asset turnover × (total assets/shareholders’ equity)A. Return on equityB. return on investmentC. current ratioD. quick ratio24. Government tax law adjustment is ( ) to a firm.A. general economic riskB. inflation and deflation riskC. firm-specific risk25.Which of the following statements concerning the income statement is not true?A. It measures performance over a specific period of time.B. It determines after-tax income of the firm.C. It includes deferred taxes.D. It does not include depreciation.E. it treats interest as an expense.26.Which of the following is not a noncash deduction?A. Depreciation.B. Deferred taxes.C. Interest.D. Two of the aboveE. All of the above.27.Sasha Corp had an ROA of 10%. Sasha’s profit margin was 6% on sales of $180. What are total assets? （）A.$300B.$108C.$48. D$162.28. Calculate net income based on the following information ( )Sales = $200.00Cost of goods sold = $100.00Depreciation = $18.00Interest paid = $25.00Tax rate = 34%A. $16.50B. $37.62C. $34.60D. $4.6029.Which of the following is not true? （）A. Financial markets can be used to adjust consumption patterns over time.B. Corporate investment decisions have nothing to do with financial markets,C. Financial markets deal with cash flows over time.D. Investment decisions rely on the economic principles of financial markets.E. None of the above.30. ( ) is concerned with the acquisition, financing, and management of assets with some overall goal in mind.A. Financial managementB. Profit maximizationC. Agency theoryD. Social responsibility31. A major disadvantage of the corporate form of organization is the ( ).A. double taxation of dividendsB. inability of the firm to raise large sums of additional capitalC. limited liability of shareholdersD. limited life of the corporate form.32. Interest paid (earned) on both the original principal borrowed (lent) and previous interest earned is often referred to as ( ).A. present valueB. simple interestC. future valueD. compound interest33. If the intrinsic value of a share of common stock is less than its market value, which of the following is the most reasonable conclusion? ( )A. The stock has a low level of risk.B. The stock offers a high dividend payout ratio.C. The market is undervaluing the stock.D. The market is overvaluing the stock.34. A 250 face value share of preferred stock, pays a 20 annual dividend and investors require a 7% return on this investment. If the security is currently selling for 276, what is the difference (overvaluation) between its intrinsic and market value (rounded to the nearest whole dollar)?A. approximately 26B. approximately 10C. approximately 6D. approximately 135. Felton Farm Supplies, Inc., has an 8 percent return on total assets of 480,000 and a net profit margin of 6percent. What are its sales? ( )A. 3,750,000B.640,000C. 480,000D. 1,500,00036. A company can improve (lower) its debt-to-total asset ratio by doing which of the following?A. Borrow more.B. Shift short-term to long-term debt.C. Shift long-term to short-term debt.D. issue common stock.37. The DuPont Approach breaks down the earning power on shareholders' book value (ROE) as follows: ROE = ( ).A. Net profit margin × Total asset turnover × Equity multiplierB. Total asset turnover × Gross profit margin × Debt ratioC. Total asset turnover × Net profit marginD. Total asset turnover × Gross profit margin × Equity multiplier38. Which of the following items concerns financing decision? ( )A. sales forecastingB. bond issuingC. receivables collectionD. investment project selection39. Which of the following items is the function of a treasurer? ( )A. cost accountingB. internal controlC. capital budgetingD. general ledger40. For financial instruments, ( ) is judged in relation to the ability to sell a significant volume of securities ina short period of time without significant price concession.A. maturityB. marketabilityC. defaultD. inflation41. ( ) is the value at some future time of a present amount of money, or a series of payments, evaluated at a given interest rate.A. future valueB. present valueC. intrinsic valueD. market valuePart III: Calculation Questions ( 2*10 points)（注意：要写出计算公式和计算过程，否则不得分；需要用文字描述的问题回答内容要详细，语句正确、完整。