问题 单项选择题

不属于股权筹资优点的是()。

A.能够形成企业稳定的资本基础

B.资本成本较低

C.财务风险较小

D.增加公司的信誉

答案

参考答案:B

解析:股权筹资的资本成本较大,股权筹资的资本成本要高于债务筹资。这主要是由于投资者投资于股权特别是投资于股票的风险较高,相应要求得到较高的报酬率。企业长期不派发利润和股利,会影响企业的市场价值。从企业成本开支的角度来看,股利、红利从税后利润中支付,而使用债务资本的资本成本允许税前扣除。此外,普通股的发行、上市等方面的费用也十分庞大。所以B选择不正确。参见教材P254

阅读理解

Dear iPhone 4 Users,

The iPhone 4 has been the most successful product in Apple’s history. It is the best smartphone ever, and most users have told that they love it. So we were surprised when reading reports of reception (信号接收) problems, and we immediately began researching them.

To start with, holding tightly(紧紧地)almost any mobile phone in certain ways will reduce its reception by 1 or more bars of signal strength. This is true of iPhone 4, iPhone 3GS, as well as many other phones. But some users have reported that iPhone 4 can drop 4 or 5 bars when tightly held in a way. This is a far bigger drop than normal, and as a result some have said the iPhone 4 has a faulty antenna(天线) design.

Upon research, we find that the formula(公式) we use to calculate how many bars of signal strength to display is totally wrong. Our formula usually mistakenly displays 2 more bars than it should for a given signal strength. The big drop in bars is because the high bars were never real in the beginning.

We will give a free software update to correct the formula. This software update (软件升级)will also be available for iPhone 3GS. If you are not fully satisfied, you can return your undamaged iPhone to any Apple Retail Store or the online Apple Store within 30 days of buying and get all your money back.

Thank you for your patience and support.

Apple

小题1:The iPhone 4 drops more bars than normal when tightly held because of          .

A.a wrong antenna design

B.wrong usage

C.weak signal strength

D.a wrong formula小题2:How many more bars does the iPhone 4 show than it should for a given signal strength?

A.2

B.3

C.4

D.5小题3: What can we learn from the text?

A.The software update is fit for all cellphones produced by Apple.

B.The iPhone 4 has been the most successful product in history.

C.If a user is not satisfied with his iPhone 4, he will get ten times his money back.

D.The Apple company didn’t expect the reception problems of iPhone 4.小题4: The text is a letter          .

A.from Apple about iPhone problems

B.to Apple about iPhone 4 problems

C.to introduce the new iPhone 4

D.on how to pay back buyers for the faults

填空题