问题 阅读理解

阅读理解。

     Jean Driscoll can go faster in her wheelchair than the world's best marathoners (马拉松运动员) can run!

     In April, Jean finished the Boston Marathon in 1 hour 34 minutes 22 seconds. That's about 33 minutes

faster than the winning male runner! She competed on the track, too. She was second in the 800 meter

wheelchair race at the 1992 Olympics.

     Jean doesn't like to be told she's brave. "I'm in sports because I'm a competitive person!" Jean was born

with spinal bifida (脊柱裂), a birth illness that damages the spine (脊椎). She began to use a wheelchair to get

around in high school. Then she tried wheelchair race and was amazed. "Players crashed into each other and

fell out of their chairs," she says, "It was fun."

     Jean tried other wheelchair sports. At the University of Illinois, her wheelchair basketball team won two

national titles.

     Now Jean coaches and teaches. She tries to get people to set goals. "When I sign my autograph (亲笔签

名)," says Jean, "I write, dream big and work hard."

1. What made Jean take part in sports? [ ]

A. She was brave.

B. She was competitive.

C. She was strong.

D. She was disabled.

2. What kind of education did she receive?[ ]

A. High school.

B. Junior middle school.

C. High education.

D. Primary school.

3. What is Jean's advice on how to succeed? [ ]

A. Work hard.

B. Hope for the best.

C. Dream a lot.

D. Have great wishes and work hard.

答案

1-3: B C D

单项选择题
问答题

下面有甲、乙企业的筹资相关数据:
资料一:甲企业2011年度的销售收入为10000万元,销售成本为7000万元。2012年的目标销售收入增长率为50%,销售净利率和股利支付率分别为10%、30%。适用的企业所得税税率为25%。根据销售额比率法计算的2011年年末资产、负债各项目占销售收入的比重数据如下表所示(假定增加销售无需追加固定资产投资)。

资产 占销售收入比重 负债和所有者权益 占销售收入比重
库存现金 10% 短期借款
应收账款 15% 应付账款 15%
存货 20% 长期借款
长期股权投资 股本
固定资产(净值) 资本公积
无形资产 留存收益
合计 45% 合计 15%
资料二:乙企业现安排如下筹资活动:(企业所得税税率为25%) (1)发行普通股一批,共计800万股,普通股的市价为25元,筹资费率为2%,本年每股发放现金股利0.7元,预期股利年增长率为10%。 (2)发行债券一批,债券面值总额为2200万元。该债券期限6年期,票面利率10%,每年付息一次,到期还本付息。企业以2000万元的市场价值发行并筹集资金,筹资费率为3%。 (3)取得5年期的银行借款1000万元,年利率10%,每年付息一次,到期还本付息,借款费用率为0.2%。附:时间价值系数表。
K (P/F,K,6) (P/A,K,6)
9% 0.5963 4.4859
10% 0.5645 4.3553
12% 0.5066 4.1114
14% 0.4556 3.8887
要求:
(1)根据资料一,为甲企业计算:①销售百分比法估计2012年需要增加的资金量;②确定2012年留存收益筹集的资金量;③确定2012年外部融资需要量。
(2)根据资料二,为乙企业计算:①利用股利增长模型计算普通股资本成本;②利用折现模式计算债券资本成本;③利用一般模式计算银行借款资本成本;④计算这一筹资组合的边际资本成本。