Extracts from the financial statements of Persimmon are as follows:Statement of financi

A.tctl -f /dev/rmt0.1 fsf 2 ; tar -xv file3

B.tctl -f /dev/rmt0.0 fsf 3 ; dd if=file3 pf =/dev/mt0.1

C.tctl -f /dev/rmt0.1 fsf 2 ; dd if=/dev/rmt0.1 of=file3

D.tctl -f /dev/rmt0.0 fsf 3 ; dd if=/dev/rmt0.1 of=file3

A Selection from a work

Some books are to be tasted, others to be swallowed, and some few to be chewed and digested; that is, some books are to be read only in parts; others to be read, but not curiously; and some few to be read wholly, and with diligence and attention. Some books also may be read by deputy and extracts made of them by others, but that would be only in the less important arguments and the meaner sort of books; else distilled booked are like common distilled waters.

Question:

1. This passage is taken from a well-known work entitled ___, written by ____.

2. What's the main idea of the whole work？

A.Radiation

B.Concatenation

C.Elevation

D.Connotation

A.The line clock tracing should follow the minimum path requirement.

B.The clock compensation should be given if there are many nodes on the link and each of them extracts the clock from a distance to the near.

C.It is suggested that SSM protocol is used in the whole network (user-defined mode II) to provide clock protection and avoid clock looping.

D.For the clock synchronization scheme of CES service, the PE synchronization mode is the first choice and the adaptive mode is the second choice.

A、duration mismatch

B、immunization effect

C、net worth exposure

D、net interest income

E、risk of bankruptcy

It can be inferred from the passage that_____.

A: scientist have made all the food fit to eat

B: only in recent years have people found that the food is related to one ’ s illness

C: all kinds of cancer are related to the diet

D: some additives are harmful to our health

- l' m going to Xiao Jing's house now , Mom.

OK. By the way , can you ()this film at a cinema shop？

A. drop off

B. drop from

C. drop on

D. drop out

Extracts from the recent financial statements of Bold Co are given below.

A factor has offered to manage the trade receivables of Bold Co in a servicing and factor-financing agreement. The factor expects to reduce the average trade receivables period of Bold Co from its current level to 35 days; to reduce bad debts from 0·9% of turnover to 0·6% of turnover; and to save Bold Co $40,000 per year in administration costs. The factor would also make an advance to Bold Co of 80% of the revised book value of trade receivables. The interest rate on the advance would be 2% higher than the 7% that Bold Co currently pays on its overdraft. The factor would charge a fee of 0·75% of turnover on a with-recourse basis, or a fee of 1·25% of turnover on a non-recourse basis. Assume that there are 365 working days in each year and that all sales and supplies are on credit.

Required:

(a) Explain the meaning of the term ‘cash operating cycle’ and discuss the relationship between the cash operating cycle and the level of investment in working capital. Your answer should include a discussion of relevant working capital policy and the nature of business operations. (7 marks)

(b) Calculate the cash operating cycle of Bold Co. (Ignore the factor’s offer in this part of the question). (4 marks)

(c) Calculate the value of the factor’s offer:

(i) on a with-recourse basis;

(ii) on a non-recourse basis. (7 marks)

(d) Comment on the financial acceptability of the factor’s offer and discuss the possible benefits to Bold Co of factoring its trade receivables. (7 marks)

We can infer from Paragraph 5 that ______.（）

[A] home prices has fallen down 28% compared with what's in mid-2006

[B] many foreclosed homes have been abandoned by their former owners

[C] home prices might fall down 28% fi'om their peak in mid-2006 in the future

[D] more foreclosed homes have been abandoned because of the falling price