Variant 1
Task 2 Use liability, liabilities, debt, or debts to complete the sentences below.
1 He'll have paid his __________ off by next year.
2 Look at the assets and _________on the balance sheet if you want to know how the company's doing.
3 Many developing countries are burdened by heavy________.
4 We need to look at the long-term _________ before we think about any major new purchases.
5 The partnership has limited ________ status.
6 Current ________ are those which are paid off within a year.
7 The company's in ________ to the tune of 10 million.
Variant 2
Task 1 A. Put the correct word in each space.
account, back, banknotes, borrowed, change, coin, currency, earn, lent, note, salary, spend, sum, wages, waste, win
1. In the USA, "quarters" (25 cents) and "dimes" (10 cents) are types of__________
2. In the United Kingdom, "a tenner" means a ten pound__________.
3. The US dollar, the Yen and the Euro are types of__________
4. Hundred dollar bills and twenty pound notes are__________
5. 2,000,000 Swiss francs is a large__________of money.
6. I need to__________some Euros into Australian dollars.
7. My friend__________a hundred pounds from me.
8. I__________a hundred pounds to my friend. When she can, she'll pay me_______
9. I buy a lottery ticket every week, but I never__________anything.
10. Most dentists__________at least ?30,000 a year.
11. ______are paid to employees weekly.__________are paid to employees monthly.
12. In business, you have to__________money to make money.
13. A: Do you have a bank__________"
B: Yes. I bank with the Bank of Scotland.
14. In my opinion, eating in expensive restaurants is a__________of money.
Variant 3
Task 1 Some other common ratios are given below. Match the ratios with the formulas (1-7) and the descriptions (a-g).
gross profit margin • earnings per share • return on equity • average interest rate • debt/equity ratio • inventory turnover • price/earnings ratio
a Gives the company's pricing policy and mark-up margins. An adequate gross margin allows a company to pay its expenses, and then expand.
b Determines the average interest rate at which a company borrows funds.
c Compares the current market price with earnings to calculate if a stock is over or under valued. Used as a prediction or expectation of future performance.
d Indicates the return a company gets on the owners' investment. Companies that make high returns often do not require more debt investments.
e Shows the turnover of inventory, and can be compared against sales figures, to show the demand for the company's products.
f Indicates what proportion of equity and debt an enterprise uses to finance its assets. A more stringent test is to use just the long-term debt.
g Calculates the profit made on a per-share basis. This is quoted by U.S. publicly held companies in their financial statements.
Variant 4
Task 2 Match these expressions with tax to their definitions.
1 tax avoidance
2 tax bracket
3 tax evasion
4 tax exempt
5 tax exile
6 to abolish tax
7 to impose tax
8 to increase tax
a someone who lives in another country for tax reasons
b to introduce a new tax on something
c to make the tax go up
d when you don't have to pay tax on certain income
e to cancel a tax
f tells you what amount of tax to pay based on income
g trying not to pay tax (legal)
h trying not to pay tax (illegal)
Task 3 Use words from the box to fill in the gaps.
abolish • bracket • breaks • exempt • exile • increase • property • return
1 The government needs more money, so it is planning to__________taxes.
2 He earns a lot of money - he must be in the highest tax__________.
3 She lives there because she has to - she's a tax__________.
4 They are planning to__________the tax on large company cars, and replace it with a tax on all company cars.
5 She is a student, so she is tax__________.
6 The government is planning to introduce new tax__________for IT companies.
7 Don't buy a house this year - the__________taxes are being abolished next March.
8 A tax__________is the same as a tax declaration - it's a list of income and tax deductible expenditure for the tax authority.
Роман
ТОГУ
Контрольная прошла без замечаний. Быстро, качественно и не дорого! Советую исполнителя всем.
Анна
СпбГТИ
Очень отзывчивый исполнитель. Всем советую. Нужно было срочно выполнить 3 работы, сделала ...
Руслан
ТИУ
Работа выполнена досрочно, Елена всегда выручает, очень благодарен! Рекомендую исполнителя.
Анастасия
ИГПЧС
Юрий спасает который раз. Работа сделана досрочно. Все замечания исправляются быстро. Рек...