Professional Documents
Culture Documents
Unit Test 6
Answer all thirty questions. There is one mark per question.
VOCABULARY: FINANCIAL TERMS
1 Complete this report with the terms from the box.
bankruptcy / debt / dividend / earnings per share / forecast /
investment / pre-tax profits / profit margin / recession / shares
Overall, it has not been a particularly good year for Bornan Engineering. (1)_______________
are up by only 1.5 million, and the (2)_______________ for the next quarter is rather gloomy.
However, despite the effects of the global (3)_______________, the (4)_______________ have
increased to 0.56, from 0.49 last year. The meeting of shareholders has approved the payment
of a total (5)_______________ of 0.12 per share.
We do not plan to issue new (6)_______________ in the immediate future as we have decided
to halt our expansion in Central Asia. However, we shall continue to increase our
(7)_______________ in plant and equipment in all our markets.
Our performance in Slovenia has improved significantly owing to two factors. Firstly, our
biggest competitor went into (8)_______________. Secondly, as a result of using a new
distributor, our costs fell, giving us a (9)_______________ of 30 percent on our main product
line. We will use any extra cash to reduce the level of our (10)_______________.
Sales (14) r_______________ to $10.8m in March and then (15) f_______________ between
$11m and $11.5m in the period April June.
This was followed by a (16) d_______________ increase in July, when sales jumped (17)
f_______________ $11.5m to $16.7m. The recovery continued in August, when sales (18)
r_______________ a (19) p_______________ of $18.4m.
25 Five hundred and fifteen people visited the trade show yesterday.
____________________
27 They lost one million three hundred and seventy-five thousand euros.
____________________