The chairperson of Walter Bros. announced that this year's annual bonuses will be ( ) to companyemployees on Friday.A. awardedB. transactedC. publishedD. discarded
The chairperson of Walter Bros. announced that this year's annual bonuses will be ( ) to company
employees on Friday.
employees on Friday.
A. awarded
B. transacted
C. published
D. discarded
B. transacted
C. published
D. discarded
参考解析
解析：
相关考题：
For the year just ended，N company had an earnings of$2 per share and paid a dividend of $1．2 0n its Stock．The growth rate in net income and dividend are both expected to be a constant 7 percent per year,indefinitely．N company has a Beta of 0．8，the risk-free interest rate is 6 percent，and the market risk premium is 8 percent．P Company is very similar to N company in growth rate，risk and dividend payout rati0．It had 20 million shares outstanding and an earnings of$36 million for the year just ended．The earnings will increase to$38．5 million the next year．Requirement：A．Calculate the expected rate of return on N company’S equity．B．Calculate N Company’S current price—eaming ratio and prospective price-earning rati0．C．Using N company’S current price-earning rati0，value P company’S stock price．D．Using N company’S prospective price-earning rati0，value P company’S stock price．
(b) Determine whether the factoring company’s offer can be recommended on financial grounds. Assume aworking year of 365 days and base your analysis on financial information for 2006. (8 marks)
23 The capital structure of a company at 30 June 2005 is as follows:$mOrdinary share capital 100Share premium account 40Retained earnings 6010% Loan notes 40The company’s income statement for the year ended 30 June 2005 showed:$mOperating profit 44Loan note interest (4)___Profit for year 40____What is the company’s return on capital employed?A 40/240 = 162/3 per centB 40/100 = 40 per centC 44/240 = 181/3 per centD 44/200 = 22 per cent
(b) Assuming that Thai Curry Ltd claims relief for its trading loss against total profits under s.393A ICTA 1988,calculate the company’s corporation tax liability for the year ended 30 September 2005. (10 marks)
3 The managers of Daylon plc are reviewing the company’s investment portfolio. About 15% of the portfolio is represented by a holding of 5,550,000 ordinary shares of Mondglobe plc. The managers are concerned about the effect on portfolio value if the price of Mondglobe’s shares should fall, and are considering selling the shares. Daylon’s investment bank has suggested that the risk of Mondglobe’s shares falling by more than 5% from their current value could be protected against by buying an over the counter option. The investment bank is prepared to sell an appropriate six month option to Daylon for ￡250,000.Other information:(i) The current market price of Mondglobe’s ordinary shares is 360 pence.(ii) The annual volatility (variance) of Mondglobe’s shares for the last year was 169%.(iii) The risk free rate is 4% per year.(iv) No dividend is expected to be paid by Mondglobe during the next six months.Required:(a) Evaluate whether or not the price at which the investment bank is willing to sell the option is a fair price.(10 marks)
(b) You are an audit manager with specific responsibility for reviewing other information in documents containingaudited financial statements before your firm’s auditor’s report is signed. The financial statements of Hegas, aprivately-owned civil engineering company, show total assets of $120 million, revenue of $261 million, and profitbefore tax of $9·2 million for the year ended 31 March 2005. Your review of the Annual Report has revealedthe following:(i) The statement of changes in equity includes $4·5 million under a separate heading of ‘miscellaneous item’which is described as ‘other difference not recognized in income’. There is no further reference to thisamount or ‘other difference’ elsewhere in the financial statements. However, the Management Report, whichis required by statute, is not audited. It discloses that ‘changes in shareholders’ equity not recognized inincome includes $4·5 million arising on the revaluation of investment properties’.The notes to the financial statements state that the company has implemented IAS 40 ‘Investment Property’for the first time in the year to 31 March 2005 and also that ‘the adoption of this standard did not have asignificant impact on Hegas’s financial position or its results of operations during 2005’.(ii) The chairman’s statement asserts ‘Hegas has now achieved a position as one of the world’s largestgenerators of hydro-electricity, with a dedicated commitment to accountable ethical professionalism’. Auditworking papers show that 14% of revenue was derived from hydro-electricity (2004: 12%). Publiclyavailable information shows that there are seven international suppliers of hydro-electricity in Africa alone,which are all at least three times the size of Hegas in terms of both annual turnover and population supplied.Required:Identify and comment on the implications of the above matters for the auditor’s report on the financialstatements of Hegas for the year ended 31 March 2005. (10 marks)
TQ Company, a listed company, recently went into administration (it had become insolvent and was being managed by a firm of insolvency practitioners). A group of shareholders expressed the belief that it was the chairman, Miss Heike Hoiku, who was primarily to blame. Although the company’s management had made a number of strategic errors that brought about the company failure, the shareholders blamed the chairman for failing to hold senior management to account. In particular, they were angry that Miss Hoiku had not challenged chief executive Rupert Smith who was regarded by some as arrogant and domineering. Some said that Miss Hoiku was scared of Mr Smith.Some shareholders wrote a letter to Miss Hoiku last year demanding that she hold Mr Smith to account for a number of previous strategic errors. They also asked her to explain why she had not warned of the strategic problems in her chairman’s statement in the annual report earlier in the year. In particular, they asked if she could remove Mr Smith from office for incompetence. Miss Hoiku replied saying that whilst she understood their concerns, it was difficult to remove a serving chief executive from office.Some of the shareholders believed that Mr Smith may have performed better in his role had his reward package been better designed in the first place. There was previously a remuneration committee at TQ but when two of its four non-executive members left the company, they were not replaced and so the committee effectively collapsed.Mr Smith was then able to propose his own remuneration package and Miss Hoiku did not feel able to refuse him.He massively increased the proportion of the package that was basic salary and also awarded himself a new and much more expensive company car. Some shareholders regarded the car as ‘excessively’ expensive. In addition, suspecting that the company’s performance might deteriorate this year, he exercised all of his share options last year and immediately sold all of his shares in TQ Company.It was noted that Mr Smith spent long periods of time travelling away on company business whilst less experienced directors struggled with implementing strategy at the company headquarters. This meant that operational procedures were often uncoordinated and this was one of the causes of the eventual strategic failure.(a) Miss Hoiku stated that it was difficult to remove a serving chief executive from office.Required:(i) Explain the ways in which a company director can leave the service of a board. (4 marks)(ii) Discuss Miss Hoiku’s statement that it is difficult to remove a serving chief executive from a board.(4 marks)(b) Assess, in the context of the case, the importance of the chairman’s statement to shareholders in TQCompany’s annual report. (5 marks)(c) Criticise the structure of the reward package that Mr Smith awarded himself. (4 marks)(d) Criticise Miss Hoiku’s performance as chairman of TQ Company. (8 marks)
请根据短文内容判断给出的语句是否正确,正确的写“T”,错误的写“F”。An annual report of a company provides information about its business performance for certain people. These people include the investors, potential investors and other stakeholders. From the report, people can understand the companys business scope, recent situation and future development. The main parts of an annual report usually include chairmans letter, operation analysis and financial statements.·Chairmans LetterUsually, an annual report should contain a letter from the chairman. The letter should provide details about the successes and the challenges of the past year. It should also include the future outlook for the company.·Operation AnalysisThe operation analysis is an overview of the business in the past year. It usually includes new hires and new product introductions. At the same time, it will introduce business acquisitions and other important issues.·Financial StatementsThe financial statements are very important for an annual report. People can know the companys performance in the past from the statements. It usually three aspects. The first one is the profit and loss statement. The second one is the balance sheet. And the third one is the cash flow statement.( ) 26. An annual report of a company provides some information about its business performance for certain people.( ) 27. People can know everything of the company from the annual report.( ) 28. An annual report usually includes chairmans letter, financial statements and operation analysis.( ) 29. A chairmans letter should include the strategic direction moving forward.( ) 30. This passage is mainly about the main parts of an annual report.
Which term means “the amount of money which a business obtains (in a year) from customers by selling goods or services”? A、Annual incomeB、operation profitC、annual turnoverD、net profit
Boston Company, an electing S corporation, has an operating loss of $400,000 for the current year. Hank owns a 40% interest in the company and is a material participant. At the beginning of the year, Hank's adjusted basis in the stock is $30,000. During the year the company borrows $100,000 with a recourse note. How much of the loss can Hank deduct on his current-year income tax return?()A.$0B.$30,000C.$70,000D.$160,000E.$200,000
They were arranging the entertainment at the company’s annual dealer（ ）.A.congressB.conventionC.conferenceD.assembly
The teachers’ association has announced that the food and drinks _____ supplied at the annual conference will not be provided this year.A. usually B. hugely C. evenly D. strictly
The advisory committee ___announced that up to thirty percent of the company's workforcewould have to be let go.A. regrettable B. regretfully C. regret D. regretfu
The advisory committee__________announced that up to thirty percent of the company's workforce would have to be let go.A.regrettableB.regretfullyC.regretD.regretful
What was Louise's dream?A. To work for an excellent company such as CVD Inc.B. To discover a new hobby unrelated to computersC. To go to school to study computer programmingD. To attend the 14th Annual Conference of IT Professionals
ABC Company is an old-established firm（）many year’s experience（）the trade.A、has，ofB、with，inC、have，inD、with，of
（）refers to the repair the ship every year.A、Voyage repairB、Annual repairC、Periodical repairD、Survey check
单选题After his 1962 season, in which he set a record for on-base percentage, Mitch McAlister left his old team and signed with the Springfield Argonauts, with an annual salary, of $550,000 and was the highest salary in professional baseball at that time.AArgonauts, with an annual salary of $550,000 and was theBArgonauts, earning $550,000 per year and it was theCArgonauts for a yearly wage of $550,000, being theDArgonauts, with annual pay of $550,000 per year, which was theEArgonauts for an annual salary of $550,000, the
单选题What does the graph show?AThe sales figures of an industryBThe trading volume of a company’s sharesCThe forecast of the next fiscal year’s profitsDThe effect of a new product on a company’s sales
单选题What is the purpose of Ms. Walter’s letter?ATo ask about the automated billing systemBTo update her contact informationCTo report receiving duplicate billsDTo challenge the company’s assertions
单选题ABC Company is an old-established firm（）many year’s experience（）the trade.Ahas，ofBwith，inChave，inDwith，of
单选题Where does the first passage likely appear?AIn a corporate promotional newsletterBIn a letter to the company's managementCIn a company's annual financial reportDIn the business section of a newspaper
单选题A complete copy of this year’s annual company report will be provided ______ the marketing directors.AofBonCbyDalong
单选题Sales growth at Medico plc is 1.8% this year, compared to an earlier forecast of 2.5%.The company’s sales growth for this year isAlower than expectedBthe same as expectedChigher than expected