UNIT 4 Finance

Exercise 1

Find the terms in the text which mean following.

endeavors to try very hard
adjustment(s) a small change made to a machine, system, or calculation
assets the things that a company owns, that can be sold to pay debts in assets
attain(ing) to reach a particular level, age, size etc
share shares in companies, especially ordinary shares; the business of trading shares
expense(s) money that a business spends on supplies, workers, services, etc. in order to operate
insight a sudden clear understanding of something or part of something, especially a complicated situation or idea
cash the amount of money that a company or a person owes
lists to write a list, or mention things one after the other
retained earnings the part of the profit made by a company after tax has been paid that is invested in the company rather than being paid to shareholders as dividends

Exercise 2

Complete the following sentences with the words from the previous exercise.

1 Share prices attained a high of $3.27.
2 The company is reported to have assets of nearly €90 000.
3 Labour is the airline industry’s biggest expense
4 The article gives us a real insight the causes of the present economic crisis.
5 The vast majority of capital spending by companies is financed from retained earnings
6 We had to make some adjustments to the original calculations.
7 Many investors are switching from shares to bonds.
8 Laney continues to be a great cash to the company.
9 We always endeavor to please our customers.
10 These should be available from most good component suppliers and are certainly listed in the Maplin catalogue.