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听力原文：The owners of limited companies are people who have bought shares in the company.
(6)
A．The shareholders are the owners of limited companies.
B．Shareholders deposit their money in the limited companies.
C．The shareholders can sell shares of limited companies to the public.
D．Shareholders of limited companies are able to make profits continuously.
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更多 “ 听力原文：The owners of limited companies are people who have bought shares in the company.(6)A．The shareholders are the owners of limited companies.B．Shareholders deposit their money in the limited companies.C．The shareholders can sell shares of limited companies to the public.D．Shareholders of limited companies are able to make profits continuously. ” 相关考题
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(d) Additionally Router purchased 60% of the ordinary shares of a radio station, Playtime, a public limited company,on 31 May 2007. The remaining 40% of the ordinary shares are owned by a competitor company who owns asubstantial number of warrants issued by Playtime which are currently exercisable. If these warrants areexercised, they will result in Router only owning 35% of the voting shares of Playtime. (4 marks)Required:Discuss how the above items should be dealt with in the group financial statements of Router for the year ended31 May 2007.
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2 Marrgrett, a public limited company, is currently planning to acquire and sell interests in other entities and has askedfor advice on the impact of IFRS3 (Revised) ‘Business Combinations’ and IAS27 (Revised) ‘Consolidated and SeparateFinancial Statements’. The company is particularly concerned about the impact on earnings, net assets and goodwillat the acquisition date and any ongoing earnings impact that the new standards may have.The company is considering purchasing additional shares in an associate, Josey, a public limited company. Theholding will increase from 30% stake to 70% stake by offering the shareholders of Josey, cash and shares inMarrgrett. Marrgrett anticipates that it will pay $5 million in transaction costs to lawyers and bankers. Josey hadpreviously been the subject of a management buyout. In order that the current management shareholders may remainin the business, Marrgrett is going to offer them share options in Josey subject to them remaining in employment fortwo years after the acquisition. Additionally, Marrgrett will offer the same shareholders, shares in the holding companywhich are contingent upon a certain level of profitability being achieved by Josey. Each shareholder will receive sharesof the holding company up to a value of $50,000, if Josey achieves a pre-determined rate of return on capitalemployed for the next two years.Josey has several marketing-related intangible assets that are used primarily in marketing or promotion of its products.These include trade names, internet domain names and non-competition agreements. These are not currentlyrecognised in Josey’s financial statements.Marrgrett does not wish to measure the non-controlling interest in subsidiaries on the basis of the proportionateinterest in the identifiable net assets, but wishes to use the ‘full goodwill’ method on the transaction. Marrgrett isunsure as to whether this method is mandatory, or what the effects are of recognising ‘full goodwill’. Additionally thecompany is unsure as to whether the nature of the consideration would affect the calculation of goodwill.To finance the acquisition of Josey, Marrgrett intends to dispose of a partial interest in two subsidiaries. Marrgrett willretain control of the first subsidiary but will sell the controlling interest in the second subsidiary which will becomean associate. Because of its plans to change the overall structure of the business, Marrgrett wishes to recognise are-organisation provision at the date of the business combination.Required:Discuss the principles and the nature of the accounting treatment of the above plans under International FinancialReporting Standards setting out any impact that IFRS3 (Revised) ‘Business Combinations’ and IAS27 (Revised)‘Consolidated and Separate Financial Statements’ might have on the earnings and net assets of the group.Note: this requirement includes 2 professional marks for the quality of the discussion.(25 marks)
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6 Alasdair, aged 42, is single. He is considering investing in property, as he has heard that this represents a goodinvestment. In order to raise the funds to buy the property, he wants to extract cash from his personal company, BeezerLimited, whose year end is 31 December.Beezer Limited was formed on 1 May 1998 with ￡1,000 of capital issued as 1,000 ￡1 ordinary shares, and tradeduntil 1 January 2005 when Alasdair sold the trade and related assets. The company’s only asset is cash of￡120,000. Alasdair wants to extract this cash from the company with the minimum amount of tax payable. He isconsidering either, paying himself a dividend of ￡120,000, on 31 March 2006, after which the company would haveno assets and be wound up or, leaving the cash in the company and then liquidating the company. Costs of liquidationof ￡5,000 would then be incurred.Since Beezer Limited ceased trading, Alasdair has been taken on as a partner at a marketing firm, Gallus Co. Heestimates his profit share for the year of assessment 2005/06 will be ￡30,000. He has not made any capital disposalsin the current tax year.Alasdair wishes to reinvest the cash extracted from Beezer Limited in property but is not sure whether he should investdirectly in residential or commercial property, or do so via some form. of collective investment. He is aware that Gallus Co are looking to rent a new warehouse which could be bought for ￡200,000. Alasdair thinks that he may be ableto buy the warehouse himself and lease it to his firm, but only if he can borrow the additional money to buy theproperty.Alasdair has a 25% shareholding in another company, Glaikit Limited, whose year end is 31 March. The remainingshares in this company are held by his friend, Gill. Alasdair is considering borrowing ￡15,000 from Glaikit Limitedon 1 January 2006. He does not intend to pay any interest on the loan, which is likely to be written off some timein 2007. Alasdair does not have any connection with Glaikit Limited other than his shareholding.Required:(a) Advise Alasdair whether or not a dividend payment will result in a higher after-tax cash sum than theliquidation of Beezer Limited. Assume that either the dividend would be paid on 31 March 2006 or theliquidation would take place on 31 March 2006. (9 marks)Assume that Beezer Limited has always paid corporation tax at or above the small companies rate of 19%and that the tax rates and allowances for 2004/05 apply throughout this part.
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For a limited company, this will include the money ______ issuing shares, and is known as the share capital.
A raise for ;B raised by ;C raising at
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ORGANIZING A BUSINESS IN DIFFERENT WAYS Businesses are structured in different ways to meet different needs. The simplest form. of business is called an individual or sole proprietorship. The proprietor owns all of the property of the business and is responsible for everything. Another kind of business is a partnership. Two or more people go into business together. An agreement is usually needed to decide how much of the partnership each person controls. One kind of partnership is called a limited liability partnership. These have full partners and limited partners. Limited partners may not share as much in the profits, but they also have less responsibility for the business. Doctors, lawyers and accountants often form. partnerships to share their risks and profits. A husband and wife can form. a business partnership together. Partnerships exist only for as long as the owners remain alive. The same is true of individual proprietorships. But corporations are designed to have an unlimited lifetime. A corporation is the most complex kind of business organization. Corporations can sell stock as a way to raise money. Stocks represent shares of ownership in a company. Investors who buy stock can trade their shares or keep them as long as the company is in business. A corporation is recognized as an entity-its own legal being, separate from its owners. A board of directors controls corporate policies. The directors appoint top company officers. The directors might or might not hold shares in the corporation. Corporations can have a few major shareholders, or ownership can be spread among the general public. But not all corporations are traditional businesses that sell stock. Some non-profit groups are also organized as corporations.1. This passage is mainly about ().A. why different forms of business runB. when different forms of business raise moneyC. how different forms of business are organized2. What is usually needed to decide the portion of the partnership each person controls?()A. A rule.B. An agreement.C. A regulation.3. Who are not included in limited liability partnerships?()A. Full partners.B. Limited partners.C. Unlimited partners.4. How can corporations raise money?()A. By selling stock.B. By buying stock.C. By holding corporation shares.5. Who controls corporate policies in a corporation?()A. Chairman of the board.B. A board of directors.C. The owner of the corporation.
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Finally, they return the()to the people who bought shares in the company.A、 costB、 priceC、 profits
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________ usually sell cheap things in large quantities, or offer only a very limited range of goods.
A、Chain storesB、DiscountersC、Corner shopsD、Groceries
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听力原文：M: Professor Wang, could you tell me the advantage of the preferred shares?W: Preferred shares have certain rights, such as the preferred right to receive dividends before any ordinary dividends maybe declared.Q: When do preferred shareholders have right to receive dividends?(17)A．Before any ordinary dividends are declared.B．After any ordinary dividends are declared.C．Before any ordinary dividends are paid.D．After any ordinary dividends are paid.
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______ has/have no regular redemption date and can only be redeemed in limited circumstances.A．ETFB．LOFC．Securities investment fundsD．Colsed-end funds
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Teachers have a limited amount of time to __________ with each child.
A.interactionB.interactiveC.interactD.interacted
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Tickets are limited and will be allocated to those who apply first.A:posted B:sent C:given D:handed
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第二篇Human and the EarthIn terms of the evolution of life on Earth,human beings have just arrived.Despite their shori time on Earth,however,people have brought about enormous changes to the surface of the planet一changes far out of proportion to the interval of time they have occupied it.People have more control over their surroundings than any other species on Earth.With the combination of intelligence and manual skill(allowing us to make and use tools),people have found ways to use plant and animal resources,mineral ores,fuels,and many other materials and resources from the Earth.As the number of people on Earth increases,it becomes increasingly difficult for the population to survive on the resources of the land.The amount of land is limited.Although agricultural production can be increased by use of machinery such as tractors and the addition of fertilizer,the land ultimately can produce only so much food and no more.As the human population grows,people consume more.Clearly,some locations on Earth already have too many people;in many of these areas,future increases will surely bring about more poverty and suffering. Yet people in rich nations use proportionally far more of the available resources than people in poorer nations.As they consume these resources without restraint,they also waste large amounts of them.People are only a very small fraction of all the living things on the planet.Yet their numbers create a drain on resources that can't be renewed.For example,the amount of water on Earth is limited,this water is cleaned through natural processes.However,the natural processes for filtering water can clean only a certain amount of water by removing the pollution.Likewise,a limited amount of petroleum can be found under the Earth's surface.Petroleum is a valuable resource.Should people use it up to manufacture petrol for automobiles?As people work to control the planet and make life comfortable,are they using up resources that are needed for their survival?What makes people feel hard to live on Earth?A:Fertilizer. B:Lse of machinery.C:Limited land. D:Limited mineral resources.
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单选题What is the best explanation for the word “gadget” in paragraph 2?A
Innovative revolution.B
A small, useful and cleverly designed machine.C
Attractive and fashionable way.D
The people who have limited ability to see.
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单选题“Space is limited, so early registration is welcome” means ______.A
space is limited, so you can’t register nowB
space is too limited for you to registerC
you’ll lose the good chance if you don’t register soonD
you’ll be given a special offer if you register now
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单选题Due to limited seating, reservations are required.A
One should enquire about the limited seating reservation.B
Seating is limited to those who have reserved.C
It is possible that you have no seat without reservations.
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单选题Geographic range is the maximum distance at which a light may be seen under（）.A
existing visibility conditions，limited only by the curvature of the EarthB
perfect visibility conditions，limited only by the curvature of the EarthC
existing visibility conditions，limited only by the intensity of the lightD
perfect visibility conditions，limited only by interference from background lighting
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单选题Finally， they return the to the people who bought shares in the company.（）A
costB
priceC
profits
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问答题Practice 9 In the United States most people are simultaneously consumers and producers; they are also voters who help influence the decisions of the government. The mixture among consumers, producers and government changes constantly, making a dynamic rather than a static economy. In the last decade consumers have made their concern known and government has responded by creating agencies to protect consumer interests and promote the general public welfare. In another development, the population and the labor force have moved dramatically from farms to cities, from the fields to the factories, and above all to service industries, thus providing more personal and public services. In today's economy these providers of services far outnumber producers of agricultural and manufactured goods. Generally, there are three kinds of businesses: (1) those started and managed personally by single owners or single entrepreneurs; (2) the partnership where two or more people share the risks and rewards of a business, and (3) the corporation where shareholders as owners can buy and sell their shares at any time on the open market. This latter structure, by far the most important, permits the amassing of large sums of money by combining investment of many people, making possible large-scale enterprises.
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