Описание
1. Выберите слово или словосочетание, близкое по значению к данному. Номера соответствий внесите в лист ответов.
1. Business angel
2. establish
3. share
4. balance sheet
5. capital
a) rival
a) found
a) value a) statement of financial position
a) goods
b) partner
b) work out
b) bond b) statement of equity
b) bonus
c) start-up investor
c) possess
c) stock c) statement of retained earnings
c) funds
2. Выберите русское слово или словосочетание, соответствующее английскому. Номера соответствий внесите в лист ответов.
6. cash flow statement
7. fixed costs
8. decline a)отчёто финансовых результатах
c) затраты
a) снижение
b) бухгалтерский баланс
b) постоянные затраты
b) изменчивость с) отчёт о движении денежных средств
с) чистая прибыль
с) рост
9. liabilities
10.Stock exchange
a) ликвидность
a)обмен товарами
b) обязательства
b) фондовая биржа
c) активы
с) обмен валют
3. Выберите английское слово или словосочетание, соответствующее русскому. Номера соответствий внесите в лист ответов.
11.издержки
12. претензия
13. акция простая
14. чистая прибыль
15 заем
a) payment
a) claim
a) equity
a) profit
a) gain
b) overheads
b) interest
b) bond
b) net profit
b) share
с) costs
с) indicator
с) debt
c) gross profit
с) loan
4. Соотнесите слово и его объяснение на английском языке. Внесите букву, обозначающую правильный вариант, в лист ответов.
16.активы
17. рейтинговые агентства
18. процент
19. депозит
20. пожертвовать
a) money paid for borrowing or investing money
b) firms that evaluate the likelihood bonds or debts will be repaid by assigning ratings to those bonds or debts.
c) give money, especially to charity d) any resource owned or controlled by a business or an economic entity
e) money placed on an account in a bank
5.Соотнесите выражения и их объяснения. Внесите букву, обозначающую правильный вариант, в лист ответов.
21. Investment earnings
22. Liquidity
23. stock options
24. participant
25. bond
a) the right of employees to buy a certain number of shares in a company at a fixed price
b) a person who takes part in or becomes involved in a particular activity
c) revenue earned from the investment of public funds
d) an interest-bearing promise to repay a specified sum of money borrowed by a specified date.
e) the ability to convert a security into cash promptly with minimum risk of principal
6. Вставьте следующие слова и выражения в текст, приведенный ниже. Внесите букву, обозначающую правильный вариант, в лист ответов. a) Assetsb)fiscalyearc) debts d) snapshot e) current liabilities
The balance sheet provides an overview of a company’s assets, liabilities, and stockholders’ equity as a 26)……… in time. The date at the top of the balance sheet tells you when the snapshot was taken, which is generally the end of the 27)….. …… The balance sheet identifies how assets are funded, either with liabilities, such as debt, or stockholders’ equity, such as retained earnings and additional paid-in capital. 28)…… are listed on the balance sheet in order of liquidity. Liabilities are listed in the order in which they will be paid. Short-term or
29) …… ….. are expected to be paid within the
year, while long-term or non-current liabilities are
30)…… expected to be paid in over one year.
7. Прочитайте текст и выберите наиболее подходящий ответ для продолжения утверждения из приведенных ниже. Внеситебукву, обозначающуюправильныйвариант, влистответов.
31) There are three main financial statements that every company creates and monitors: a)profit and loss report (P&L report), statement of comprehensive income, statement of revenue & expense b) a statement of changes in equity, statement of equity, statement of retained earnings c) a balance sheet, income statement, and statement of cash flows.
32) Public companies have a) greater flexibility in their financial statement preparation b) have the option to use either accrual or cash accounting. c) stricter standards for financial statement reporting.
33)A balance sheet reports on a) the changes in equity of the company over a stated period. b) a company’s assets, liabilities, and stockholders’ equity at a given point in time. c) the company’s cash flows from operating activities
34) An income statement reports on a) a company’s income, expenses and profits over a stated period. b) a company’s assets, liabilities, and stockholders’ equity at a given point in time. c) ratio metrics to calculate statistical relationships.
35) A cash flow statement provides a) information on the operation of the enterprise. b) the changes in equity of the company over a stated period. c) an overview of the company’s cash flows from operating activities, investing activities, and financing activities.
1. Financial statements are written records that convey the business activities and the financial performance of a company. Financial statements are often audited by government agencies, accountants, firms, etc. to ensure accuracy and for tax, financing, or investing purposes. The financial statements are used by investors, market analysts, and creditors to evaluate a company’s financial health and earnings potential. The three major financial reports are the balance sheet, income statement, and statement of cash flows.
2. Investors and financial analysts rely on financial data to analyze the performance of a company and make predictions about its future direction of the company’s stock price. One of the most important resources of reliable and audited financial data is the annual report, which contains the firm’s financial statements. Balance Sheet
3. The balance sheet is a report of a company’s financial worth in terms of book value. It is broken into three parts to include a company’s assets, liabilities, and shareholder’s equity. Short-term assets such as cash and accounts receivable can tell a lot about a company’s operational efficiency. Liabilities include its expense arrangements and the debt capital it is paying off. Shareholder’s equity includes details on equity capital investments and retained earnings from periodic net income. The balance sheet must balance with assets minus liabilities equaling shareholder’s equity. The resulting shareholder’s equity is considered a company’s book value. This value is an important performance metric that increases or decreases with the financial activities of a company. Income Statement
4. The income statement breaks down the revenue a company earns against the expenses involved in its business to provide a bottom line, net income profit or loss. The income statement is broken into three parts which help to analyze business efficiency at three different points. It begins with revenue and the direct costs associated with revenue to identify gross profit. It then moves to operating profit which subtracts indirect expenses such as marketing costs, general costs, and depreciation. Finally it ends with net profit which deducts interest and taxes.Basic analysis of the income statement usually involves the calculation of gross profit margin, operating profit margin, and net profit margin which each divide profit by revenue. Profit margin helps to show where company costs are low or high at different points of the operations. Cash Flow Statement
5. The cash flow statement provides an overview of the company’s cash flows from operating activities, investing activities, and financing activities. Net income is carried over to the cash flow statement where it is included as the top line item for operating activities. Like its title, investing activities include cash flows involved with firmwide investments. The financing activities section includes cash flow from both debt and equity financing. The bottom line shows how much cash a company has available. Free Cash Flow and Other Valuation Statements
6. Companies and analysts also use free cash flow statements and other valuation statements to analyze the value of a company. Free cash flow statements arrive at a net present value by discounting the free cash flow a company is estimated to generate over time. Private companies may keep a valuation statement as they progress toward potentially going public.
7. The financial statements of a company record important financial data on every aspect of a business’s activities. As such they can be evaluated on the basis of past, current, and projected performance. Public companies have stricter standards for financial statement reporting. Public companies must follow GAAP standards which requires accrual accounting.Private companies have greater flexibility in their financial statement preparation and also have the option to use either accrual or cash accounting.
8. Several techniques are commonly used as part of financial statement analysis. Three of the most important techniques include horizontal analysis, vertical analysis, and ratio analysis. Horizontal analysis compares data horizontally, by analyzing values of line items across two or more years. Vertical analysis looks at the vertical affects line items have on other parts of the business and also the business’s proportions. Ratio analysis uses important ratio metrics to calculate statistical relationships.
9. Although financial statements provide a wealth of information on a company, they do have limitations. The statements are open to interpretation, and as a result, investors often draw vastly different conclusions about a company’s financial performance. For example, some investors might want stock repurchases while other investors might prefer to see that money invested in long-term assets. A company’s debt level might be fine for one investor while another might have concerns about the level of debt for the company. When analyzing financial statements, it’s important to compare multiple periods to determine if there are any trends as well as compare the company’s results its peers in the same industry.
8. Переведите письменно 3,4,5, 9 абзацы текста.
Список использованных источников
