问题 问答题 简答题

简要说明通过发行垃圾债券进行杠杆收购的操作过程。

答案

参考答案:

小公司通过高负债方式收购较大的公司。高负债的渠道主要是向商业银行贷款或发行垃圾债券,筹到足够资金后,便将不被看好而股价较低的大公司股票大量收购而取得控制权,再进行分割整理,使公司形象改善、财务报告中反映的经营状况好转,待股价上升至一定程度后全部抛售,从中赚取价差,还清债务。

阅读理解

A ban on smoking in most public places goes into effect(效果) on Sunday in China - home to a third of the world's smokers. That means around 300 million smokers will no longer be allowed to light their cigarettes in the "enclosed public places." These include hotels, restaurants, theaters and public transport waiting rooms. The ban does not cover offices or factories.

The campaign is aimed at controlling(控制) the number of deaths from smoking-related illnesses, running at a million a year. According to the World Health Organization, more than 3,000 people die every day in China because of smoking. Health experts also hope it will help Chinese to raise the knowledge of the dangers of smoking.

But the new rules have been criticized because they do not include punishments(处罚) for those who choose not to obey them.Most people worry that Chinese smoking ban may have little effect.

Business owners often hate rules that force(强迫) them to ban smoking on their restaurants, bar, cafe..., because many customers(顾客) do not like the rules and complain. Often you find people smoking at the next table while you are eating your meal or having a drink in a bar.

It appears that many Chinese people don’t know the dangers of smoking. Research suggests only one in four knows the harm(害处) cigarettes or second-hand smoke can cause.

At the same time the government makes a lot of money from the sales of cigarettes by the state-owned firms that make and sell all tobacco products throughout the country.

小题1:The word “ban” in the first sentence means         .

A. 禁令                          B. 责骂                         C. 罚款

小题2: Every year          people died in China from smoking-related illnesses.

A. more than 3,000                  B. about a million                 C. nearly 300 million

小题3: According to the new ban, smokers can smoke         .

A. in the restaurants                 B. in the airport waiting room        C. in the office

小题4: We can find      reasons in the passage to explain why people worry about the effect of the ban.

A. three                           B. four                         C. five

小题5:. The best title for this passage is         .

A. A new ban on smoking in China     

B. Smoking culture in China

C. Dangers of smoking in China      

多项选择题