With all his savings gone, he stared to look for a job.英译汉

Recently, he has lost all his ______ at cards.

A) wage and saving B) wages and saving

C) wage and savings D) wages and savings

titution. Which of the following is NOT a requirement for this type of allotment？

A.The account must be either a checking or savings account

B.The institution must be insured by the FSLIC or FDIC

C.The account must be opened by the seaman and maintained in the seaman's name

D.All of the above are requirements

tal gains.He has a long-term capital gain of $1,000.What is the actual tax savings Sidney receives because of any special treatment of his $1,000 long-term capital gain.()

A、$0

B、$20

C、$70

D、$150

E、$220

on a smaller scale, faces practically every company trying to develop new products and create new jobs. They can be little prospect of raising the sort of sums needed from friends and people we know, and while banks may agree to provide short-term finance, they are generally unwilling to provide money on permanent basis for long-term project. So companies mm to the public, inviting people to lend them money, or take a share in the business through the Stock Exchange. By doing so they can put into circulation the saving of individuals and institutions, both at home and overseas.

When the saver needs his money back, he dose not have to go to the company with whom he originally placed it. Instead, he sells his shares through a stockbroker to some other saver who is seeking to invest his money.

Many of the services needed both by industry and by each of us are provided by the Government or by local authorities. Without hospitals, roads, electricity, telephones, railways, this country could not function. All these require continuous spending on new equipment and new development if they are to serve us properly, requiring more money than is raised through taxes alone. The Government, local authorities, and nationalized industries therefore frequently need to borrow money to finance major capital spending, and they, too, come to the Stock Exchange.

There is hardly a man or woman in this country whose standard of living dose not depend on the ability of his or her employers to raise money to finance new development. In one way or another this new money must come from the savings of the country. The Stock Exchange exists to provide a channel through which these savings can reach those who need finance.

Almost ail companies involved in new production and development must ______.

A．rely on their own financial resources

B．persuade the banks to provide long-term fin0ance

C．borrow large sums of money from friends and people they know

D．depend on the population as a whole for finance

Large companies need a way to reach the saving of the public at large(大多数，整个). The same problem, on a small seals, faces practically every company trying to develop new products and create new jobs . There can be little prospect of raising(筹集) the sort of sums needed from friends and people we know, and while banks may agree to provide short-term finance, they are generally unwilling to provide money on a permanent basis for long-term projects. So companies turn to the public, inviting people to lend them money, or take a share in the business in exchange for a share in future profits. They do this by issuing(发行) stocks and shares in the business through the Stock Exchange (证券交易所). By doing that so they can put into circulation(流通) the savings of individuals and institutions, both at home and overseas.

When the saver needs his money back, he does not have to go to the company with whom he originally placed it. Instead, he sells his shares to some other saver who is seeking to invest his money.

Many of the services needed both by industry and by each of us are provided by the Government or by local authorities. Without hospitals, roads, electricity, telephones, railways, this country could not function(运作). All these require continuous spending on new equipment and new development if they are to serve us properly, requiring more money than is raised through taxes alone. The government, local authorities, and nationalized industries therefore frequently need to borrow money to finance major capital spending, and they, too, come to the Stock Exchange.

There is hardly a man or woman in this country whose job or whose standard of living does not depend on the ability of his or her employers to raise money to finance new development. In one way or another this new money must come from the savings of the country. The Stock Exchange exists to provide a channel (渠道) through which these savings can reach those who need finance.

Almost all companies involved in new production and development must______.

A．rely on their own financial resources

B．persuade the banks to provide long-term finance

C．borrow large sums of money from friends and people they know

D．depend on the population as a whole for finance

smaller scale, faces practically every company trying to develop new products and create new jobs.There can be little prospect of raising the sort of sums needed from friends and people we know, and while banks may agree to provide short-term finance, they are generally unwilling to provide money on a permanent basis for long-term projects.So companies turn to the public, inviting people to lend them money, or take a share in the business in exchange for a share in future profits.This they do by issuing stocks and shares in the business through the Stock Exchange.By doing so they can put into circulation the savings of individuals and institutions, both at home and overseas.

When the saver needs his money back, he does not have to go to the company with whom he originally placed it.Instead, he sells his shares through a stockbroker to some other saver who is seeking to invest his money.

Many of the services needed both by industry and by each of us are provided by the Government or by local authorities.Without hospitals, roads, electricity, telephones, railway, this country could not function.All these require continuous spending on new equipment and new development if they are to serve us properly, requiring more money than is raised through taxes alone.The Government, local authorities, and nationalized industries therefore frequently need to borrow money to finance major capital spending, and they, too, come to the Stock Exchange.

There is hardly a man or woman in this country whose job or whose standard of living does not depend on the ability of his or her employers to raise money to finance new development.In one way or another this new money must come from the savings of the country.The Stock Exchange exists to provide a channel through which these savings can reach those who need finance.

1、The money which enables those companies to go ahead with their projects is().

A、exchanged for part ownership in the Stock Exchange

B、raised by the selling of shares in the companies

C、repaid to its original owners as soon as possible

D、invested in different companies in the Stock Exchange

2、All the essential services on which we depend are().

A、unable to provide for the needs of the population

B、financed wholly by rates and taxes

C、in constant need of financial support

D、run by the government or local organizations

3、The Stock Exchange makes it possible for the Government, local authorities and nationalized industries().

A、to make certain everybody saves money

B、to borrow as much money as they wish

C、to make certain everybody lends money to them

D、to raise money to finance new development

A.salary

B.wages

C.savings

A.with

B.in

C.at

D.on

ompany, with a 31 July

year end. Damian personally owns 10% of the ordinary issued share capital of Linden Limited, for which he paid

￡10,000 in June 1998. He estimates that the current market value of Linden Limited is ￡9 million and that the

company will make taxable profits of ￡1·4 million in the forthcoming year to 31 July 2007.

(a) Damian believes that Linden Limited should conduct its activities in a socially responsible manner and to this

end has proposed that in future all cars purchased by the company should be low emission vehicles. The sales

director has stated that several of his staff, who are the main recipients of company cars, other than the directors,

are extremely unhappy with this proposal, perceiving it as downgrading their value and status.

The cars currently provided to the sales staff have a list price of ￡19,600, on which Linden Limited receives a

bulk purchase discount of 6% from the dealer, and a CO2 emission rate of 168 grams/kilometre. The company

pays for up to ￡400 of accessories, of the salesmen’s own choice to be fitted to the cars and all of the running

costs, including private petrol. The cars are replaced every three years and the ‘old’ cars are sold at auction,

because they are high mileage vehicles.

The low emission cars it is proposed to purchase will have the same list price as the current cars, but the dealer

is only prepared to offer a bulk discount of 5% on these vehicles. Damian does not propose to make any other

changes to Linden Limited’s company car policy or practice.

Required:

(i) Explain the tax consequences of the proposed move to low emission vehicles for both the individual

salesmen and Linden Limited, illustrating your answer by means of relevant calculations of the tax and

national insurance (NIC) savings arising. (9 marks)

A. regular upgrade process

B. multivendor support

C. cost savings

D. product variety

E. well-tested interoperability