问题 单项选择题

净收入理论的基本假定不包括()。

A.当企业融资结构变化时,企业发行债券和股票进行融资其成本均不变,也即企业的债务融资成本和股票融资成本不随债券和股票发行量的变化而变化

B.债务融资的税前成本比股票融资成本高

C.由于降低融资总成本会增加企业的市场价值,所以,在企业融资结构中随着债务融资数量的增加,其融资总成本将趋于下降,企业市场价值会趋于提高

D.当企业以100%的债券进行融资时,企业市场价值会达到最大

答案

参考答案:B

解析:

债务融资的税前成本比股票融资成本低,因此B选项说法不符合净收入理论的基本假定。

完形填空

完形填空:(共15小题;每小题1分,满分15分)

阅读下面短文,从短文后所给各题的四个选项(A、B、C和D中选出能填入相应空白处的最佳选项。

  Once upon a time, bee-keepers killed their bees every autumn. Why, you  26  ask. Well, the answer is this. To get some  27  , bee-keepers and farmers used to  28  small wooden boxes in a corner of the farmyard. Bees would come and  29  the box with honeycomb.  30  , there was no way of getting the honey out  31  killing the bees. So they used to burn a chemical  32  the box in order to kill the bees and then take the honey.

  Now, bee-keepers  33  beehives to collect honey. In the beehive there are a number of wooden  34  with spaces between them  35  can be lifted out. In later summer, the squares, which are now  36  of honeycomb are lifted out. The squares are put in  37  special machine and turned round and round very fast for several minutes. Turning the squares round and round  38  this  39  out the honey. Then the honey is collected and  40  jars. After that the empty squares are returned to the hive for the bees to fill with honey the following year.

26. A. need               B. may                     C. should                  D. must

27. A. honey                  B. bees                     C. honeycomb                D. space

28. A. put in             B. put away             C. put off                 D. put out

29. A. fill                  B. cover                    C. supply              D. satisfy

30. A. Still                B. And                     C. However            D. So

31. A. for                 B. in                    C. by                   D. without

32. A. on                  B. close to                C. in the front of            D. far from

33. A. want           B. take                      C. use                       D. expect

34. A. squares          B. boxes             C. sticks                   D. bowls

35. A. many             B. they                     C. it                    D. which

36. A. full                 B. filled                    C . afraid                  D. emptied

37. A. the                 B. a                     C. another                D. 不填

38. A. for                 B. in                    C. like                       D. to

39. A. forces             B. makes             C. helps                    D. drives

40. A. led into          B. brought into         C. poured into          D. got into

单项选择题