In preparing scientific reports of laboratory expe
riments, a student should _____ his findings in logical order and clear language.
(A) furnish (B) propose (C) raise (D) present
riments, a student should _____ his findings in logical order and clear language.
(A) furnish (B) propose (C) raise (D) present
A.to be preparing
B.preparing
C.prepared
D.was preparing
A.1 only
B.2and3
C.2and4
D.3 and 4
A.Add $54 to the balance per the depositor’s records.
B.Add $54 to the balance per the bank statement.
C.Deduct $54 from the balance per the bank statement.
D.Deduct $54 from the balance per the depositor’s records.
Who is Calvin White?()
A、A managerial staff of the zoo
B、A journalist from National Post
C、A witness of the incident
D、A zoo animal handler
W: Well, I really studied hard for that exam I've been preparing for it for more than a month. Now, I can relax for a while.
Q: Why is the woman so happy?
(17)
A.She's going away for a while.
B.She did well on the test.
C.She worked hard and earned a lot of money.
D.She's didn't have to work hard for the exam.
W:But frozen foods are convenient and handy.aren't they? Just think of all tile tedious work we would have to do in the kitchen if it weren't for frozen foods and the like.
M:Yes.that's true! (20)But you spend much more time cooking and preparing meals in your country than we do in Britain.don't you?
W:Yes.I suppose we do.You make less fuss about food than we do.In my own country,we have two big meals a day,that is,lunch and dinner,and we spend a lot of time preparing them.(21)Here in Britain,you have only one big meal a day, apart from breakfast and lunch snack, and you spend much less time preparing it.
M:Yes,but we're just as fond of good and delicious food as you are.
W:Well, you certainly don't show it!
M:We do fuss about our meals sometimes,and remenber,we like to eat out on special occasions,such as weekend evenings.birthday parties and other celebrations.London is full of foreign restaurants where you can get all the exotic dishes of the world.You must come out with us one evening,Lisa.
W:Thank you very much,I'd love to.That's what I like about London.(22)There's always so much to see and do!I think I made a wise decision when I chose to live and study in London.
(23)
A.They are everywhere and tasty.
B.Food is not tasty because of them.
C.They spoil the food in Britain.
D.They make food taste bad.
Morocco invaded this comer of north-west Africa in 1975 when the old colonial power, Spain, was preparing to【25】out. The International Court of Justice ruled the Moroccan occupation【26】, and a nasty little war ensued between Morocco and an independence movement, the Polisario Front. They signed a【27】in 1991 ,and agreed to a vote on the future of the territory,【28】by the UN.
Instead of grinding【29】an appeals procedure, or declaring Morocco to be in【30】, the UN now appears to have decided to abandon the whole exercise. The result may be virtually to hand the country【31】to Morocco.
The new plan, drawn up by James Baker, a former American secretary of state,【32】that the agreed list of voters should elect an executive that will.【33】the country's internal affairs for the next four years.
【34】,this executive will be responsible to an assembly elected by all adults now living in the territory, most of【35】are pro--Moroccan. After four years the assembly will appoint a new executive. Morocco will also appoint the judges and be responsible for law and order during the transition.
(21)
A.attempt
B.effort
C.try
D.endeavor
Selling price and variable cost are given here in current price terms before taking account of forecast selling price inflation of 4% per year and variable cost inflation of 5% per year.
Incremental fixed costs of $500,000 per year in current price terms would arise as a result of producing the new product. Fixed cost inflation of 8% per year is expected.
The initial investment cost of production equipment for the new product will be $2·5 million, payable at the start of the first year of operation. Production will cease at the end of four years because the new product is expected to have become obsolete due to new technology. The production equipment would have a scrap value at the end of four years of $125,000 in future value terms.
Investment in working capital of $1·5 million will be required at the start of the first year of operation. Working capital inflation of 6% per year is expected and working capital will be recovered in full at the end of four years.
Hebac Co pays corporation tax of 20% per year, with the tax liability being settled in the year in which it arises. The company can claim tax-allowable depreciation on a 25% reducing balance basis on the initial investment cost, adjusted in the final year of operation for a balancing allowance or charge. Hebac Co currently has a nominal after-tax weighted average cost of capital (WACC) of 12% and a real after-tax WACC of 8·5%. The company uses its current WACC as the discount rate for all investment projects.
Required:
(a) Calculate the net present value of the investment project in nominal terms and comment on its financial acceptability. (12 marks)
(b) Discuss how the capital asset pricing model can assist Hebac Co in making a better investment decision with respect to its new product launch. (8 marks)
ime the world cup soccer competition will be held in the United States. While millions play the game around the world, soccer or football has only recently become popular here. It is only in the last 30 years that large numbers of young Americans became interested in soccer. Now it is the fastest growing sport in the country. A recent study found that almost 18 million young boys and girls play soccer in the United States.
The study also found that soccer is beginning to replace more traditional games like American football as the most popular sport among students. And so, when the world cup begins next week, more than one million Americans are expected to go and see the teams play. Organizers say this year’s world cup will be the biggest ever. All the seats at most of the 52 games have already been sold.
Soccer has been played in the United States for a little more than one hundred years. But how did the sport come to this country? And how long has it existed in other parts of the world? No one knows exactly where the idea for soccer came from, or when people began playing the game. Some scientists say there is evidence that ball games using the feet were played thousands of years ago. There is evidence that ancient Greeks and Romans and native American Indians all played games similar to soccer.
Most experts agree that Britain is the birthplace of modem soccer. They also agree that the British spread the game around the world. Unlike the game today, which uses balls of man-made material or leather, early soccer balls were often made of animal stomachs. The rules of early soccer games also differed from those we have today.
1.Which of the following statements is NOT true according to the text?()
A.Americans were preparing for the world cup when the author wrote this article
B.More younger Americans became interested in soccer in the last 30 years
C.Soccer is the fastest developing sport in the world
D.The article was written before the world cup held in the United States
2.Which was the most popular sport as a traditional game among students?()
A.Basketball
B.American football
C.Soccer
D.Tennis
3.For how long has soccer been played in the United States?()
A.About a hundred years
B.About fifty years
C.Only recently
D.About thirty years
4.What is the author going to state in the next paragraph?()
A.There have been attempts to start a professional soccer organization in the U.S
B.In the 12th century soccer games in Britain often involved whole towns
C.Professional soccer grew quickly in Europe
D.Experts believed that the United States would win