Task 3. Say if the following statements are true or false
Date: 2015-10-07; view: 435.
Task 2. Match the term and its definition.
| 1. floating | a. asset purchased for long-term use, such as land, buildings and equipment |
| 2. turnover | b. a company's total earnings (or profit) |
| 3. market price | c. a company which makes a loss |
| 4. capital structure | d. the act of issuing shares (GB) or stocks (US) – i.e. offering then for sale to the public for the first time |
| 5. net income | e. a price of a share quoted at any given time on the stock exchange |
| 6. firm's leverage (gearing) | f. money deposited in bank accounts |
| 7. a loss making company | g. the firm's ratio of debt to total financing |
| 8. reserves | h. prices are going down / up |
| 9. fixed asset | i. the way a corporation finances its assets through some combination of equity, debt, or hybrid securities |
| 10. bear / bull market | j. total income |
1. A company can only be floated once.
2. Buying a share gives its holder part of ownership of a company.
3. The market price of a share may differ from its nominal.
4. Financial statements provide an overview of a business or person's financial condition only in long term.
5. Reports on a company's assets, liabilities, and ownership equity as of a given point in time are called income statements.
6. Of the four basic financial statements, the balance sheet is the only statement which applies to a single point in time.
7. Investors piled money into the market means that peopleinvested cautiously.
8. In financial terms, the party's over means that it's no longer possible to make money easily.
9. ‘There was a sizeable drop in share prices' means that they went up.
10. ‘Share prices crashed' means they went down.
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