问题 单项选择题

The following data applies to the XTC Company: Sales = $1000000 Receivable = $ 260000 Net Income = $ 50000 COGS = $ 800000 Total Assets = $ 800000 Payables = $ 600000 Debt/Equity = 200% Inventory = $ 400000 What is the average collection period, the average inventory processing period, and the payables payment period respectively for XTC Company Average Average Inventory PayablesCollection Period Processing Period Payments Period()①A. 55 days 195 clays 231 days ②B. 95 days 183 clays 274 days ③C. 45 days 45 days 132 clays

A. ①

B. ②

C. ③

答案

参考答案:B

解析:

Receivables turnover = $1000000/$ 260000 = 3.840. Average collection period = 365/3.840 = 95.05 or 95 days. Inventory turnover = $ 800000/$ 400000 = 2. Average Inventory Processing Period = 365/2 = 183 days. Payables turnover ratio = $ 800000/$ 600000 = 1.333. Payables payment period = 365/1.333 = 273.82 or 274 days.

阅读理解

Answer the following questions by using the information taken from a dictionary page. (You may read the questions first.) 

jaguar: n. a type of large, yellow-colored cat with black markings found in the southwestern region of the U. S. and in Central and South America.

jargon: 1. n. speech that doesn’t make sense. 2. n. an unknown language that seems strange or impossible to understand. 3. n. a language made up of two or more other languages: His jargon was a mixture of French and English. 4. n. the special vocabulary of a field or profession: Her report on computers was filled with jargon.

jaunt: 1. n. a trip taken for fun. 2. v. to go on a brief pleasant trip: We jaunted to the country last Saturday.

javelin: 1. n. a spear most commonly used as weapon or in hunting. 2. n. a lightweight metal or wooden spear that is thrown in track-and-field contests. 3. n. the contest in which a javelin is thrown. 4. v. to strike, as with a javelin.

jazz: 1. n. a type of music that originated in New Orleans and is characterized by rhythmic beats. 2. n. popular dance music influenced by jazz. 3. n. slang empty talk. 4. ad. of or like jazz: a jazz band, jazz records.

Jennet: n. a small Spanish horse.

小题1:Which meaning of the word javelin is used in the sentence below?

At the competition, Jack drew his arm back and threw the javelin 50 yards.

A.Definition 1

B.Definition 2

C.Definition 3

D.Definition 4小题2:Which meaning of the word jargon is used in the sentence below?

Doctors often speak in medical jargon.

A.Definition 1

B.Definition 2

C.Definition 3

D.Definition 4小题3:What does the word jazz mean in the following sentence?

Don’t give me that jazz, for I am a practical person.

A.rhythmic beats

B.a type of music

C.a kind of dance

D.meaningless talk

单项选择题