From the point of view of a Chinese bank, ______ is our bank's account in the books of an
A.a vostro account
B.a nostro account
C.a mirror account
D.a record account
A.a vostro account
B.a nostro account
C.a mirror account
D.a record account
Iv.Word Spelling (10 points, 1 point for two items)
将下列汉语单词译成英语。每个单词的词类、首字母及字母数目均已给出。
请将完整的单词写在答题纸上。
36.角力,摔跤 vi w_ _ _ _ _ _
(ii) State the taxation implications of both equity and loan finance from the point of view of a company.
(3 marks)
A、Translation strategies
B、Style. and style
C、Language form
D、The semantic
What does the author think teachers do which they should not do?
A.They give children correct answers.
B.They point out children' s mistakes to them.
C.They allow children to mark their own work.
D.They encourage children to copy from one another.
4 (a) A company may choose to finance its activities mainly by equity capital, with low borrowings (low gearing) or by
relying on high borrowings with relatively low equity capital (high gearing).
Required:
Explain why a highly geared company is generally more risky from an investor’s point of view than a company
with low gearing. (3 marks)
听力原文:M: What margins will the lending bank charge?
W: Margins mainly depend on these factors: evaluation of credit risk, maturity of credit, and the starting point from which onwards the rate of interest shall be firm.
Q: How many factors do margins charged by the lending bank mainly depend on?
(12)
A.Four.
B.Two.
C.Three.
D.Five.
These are four main methods of securing payment in international trade: (1) payment under documentary credit (2) open account (3) collection, that is document against payment or acceptance of a bill of exchange (4) payment in advance From an exporter's point of view, the order of preference is ______.
A.(4), (2), (3), (1)
B.(4), (1), (3), (2)
C.(4), (3), (1), (2)
D.(2), (4), (1), (3)
The high point in railroad building came with the construction of the first transcontinental sys tem. In 1862 congress authorized two western railroad companies to build lines from Nebraska west ward and from California eastward to a meeting point, so as to complete a transcontinental crossing linking the Atlantic seaboard with the Pacific. The Government helped the railroads generously with money and land. Actual work on this project began four years later. The Central Pacific Company, starting from California, used Chinese labor, while the Union Pacific employed crews of Irish labourers. The two groups worked at remarkable speed, each trying to cover a greater distance than the other. In 1869 they met at a place called Promontory in what is now the state of Utah. Many visitors came there for the great occasion. There were joyous celebrations all over the country, with parades and the ringing of church bells to honour the great achievement.
The railroad was very important in encouraging westward movement. It also helped build up industry and farming by moving raw materials and by distributing products rapidly to distant markets. In linking towns and people to one another it helped unify the United States.
The major problems with America' s railroad system in the mid-19th century lay in ______.
A.poor quality rails and unreliable stopping systems
B.lack of financial support for development
C.limited railroad lines
D.lack of a transcontinental railroad