【正文】 4,221,000 5,297,000 Total $118,255,000 $135,769,000 LIABILITIES AND STOCKHOLDERS39。 INVESTMENT Shortterm debt $4,411,000 $5,734,000 Current maturities of longterm debt 4,000,000 3,000,000 Accounts payable 10,792,000 11,479,000 Accrued expenses 13,789,000 15,164,000 Total current liabilities 32,992,000 35,377,000 Longterm debt 25,173,000 37,456,000 Other liabilities 10,072,000 10,227,000 Stockholders39。 investment 50,018,000 52,709,000 Total $118,255,000 $135,769,000Part IIII Exercises and Discussions178。 Work on the following exercises to get familiar with a B/S.Step 1 Finding balance sheet informationLook at the list of accounts available and fill in the table below the ones you would expect to find in a pany39。s balance sheet:l Sales revenue l Costs of goods soldl Fixed assetsl Owner’s equityl Gross Profitl Liability (Bank Loan)l PrePaid rentl Operating profitl Buildings/EquipmentsAccountRight / wrong?Now check whether you were right and discuss it with your instructor.Step 2 Where do the variables go on the balance sheet?We now need to establish which part of the balance sheet the variables would appear in. Are they a part of the assets in the top half, or are they one of the sources of owner’s equity? Put three sample balances in each of the columns below:AssetLiabilityOwners EquityOnce again, check your answers with the instructor.Step 3 The whole balance sheet can you get it to balance?The final stage is to try to put together a simple balance sheet. So Balance sheets for MYSELFVARIABLEDESCRIPTIONSMY CURRENT SELFME IN YEAR 2015Fixed/Current Assets(what do u own?) less CurrentLiabilities amp。 Longterm Liabilities (what do u owe?)Your Equity (personal wealth)Some Hint:Fixed assets do you have a car? a hifi? a motorbike? CDs?Current assets cash in the bank? savings? any friends owe you money (debtors)?Current liabilities do you owe anyone money? do you have an overdraft?Longterm liabilities do you have any longterm loans (over a year)?178。 Try to answer the following questions and pare answers with your group member.Why are fixed assets important to a business?_____________________________________________________________What problems might a business face if it was short of current assets?______________________________________________________________For example, if you go out after reading this and buy a car for 2002 and you pay for half from your savings and half by taking out a bank loan, what changes will you have made to your personal balance sheet?______________________________________________________________Lesson EightBusiness News Reading商業(yè)報(bào)刊閱讀Part I Objectives178。 Features and styles of writing in Western business journalism西方商業(yè)新聞寫作特點(diǎn)178。 Idiomatic usages and set phrases often used to describe and predicting economic development描述經(jīng)濟(jì)發(fā)展及預(yù)測(cè)發(fā)展趨勢(shì)的習(xí)慣表達(dá)方式178。 What is it in an earning report?分析盈利報(bào)告Part II The HowTosFeatures of Western Business News Writing (西方商業(yè)新聞寫作特點(diǎn))One of the most important features of Western business news writing is the usage of simple and lively English. Since of most these writings cover not stories but trends of the market or development of policies, it is essential to make the writing right to the point and accessible to reader of various education levels. Therefore, conciseness and clarity are the keys (語(yǔ)言簡(jiǎn)練通俗):178。 “ The pany expects to incur a loss, excluding special items, of between (11) cents and (14) cents per share in the first quarter.” 除特殊項(xiàng)目，公司第一季度預(yù)計(jì)會(huì)出現(xiàn)每股11至14分的虧損。 178。 “Capital Spending by industry just pokes along. Ditto residential building.”工業(yè)資本開支緩慢增加，住房建筑亦如此。178。 The collapse of copper price has e just as demand for it from the industrialized world has dropped 8% on last year and as production, after two years of high prices, is starting to increase.銅價(jià)的猛跌正好是在工業(yè)國(guó)家的對(duì)銅的需求比去年下降8%和經(jīng)過(guò)兩年的高價(jià)后銅生產(chǎn)量正開始上升的時(shí)候發(fā)生的。Much information has been covered, yet using only one sentence.A long and boring day at work tires your eyes and mind. Wouldn’t it be even worse if you have to read on to some drab writings in news? So don39。t be surprised to see such lively expressions （用詞生動(dòng)形象）:178。 “Italy is one country where it is really goodbye to the boom, at least until the chronic weakness in the balance of payments is cured, and the 17%inflation is reduced.” 意大利是一個(gè)真正與經(jīng)濟(jì)繁榮告別了的國(guó)家，至少在國(guó)際收支方面的長(zhǎng)期困境得以改善， 以及每年17%的通貨膨脹有所一直之前，情況難以好轉(zhuǎn)。178。 “When it came to a perennial Clinton bugaboopersonnelthings began on a promising note. Prodded by the White House, Seven Cabinet Chiefs announced their departures soon after . The shakeup gave Clinton a chance to revitalize his weary team. So have any of those jobs been filled? Nope.” 克林頓剛剛看到即將擺脫困擾他多時(shí)的私人瑣事的希望。在白宮的催促下，7位內(nèi)閣要員宣布將于11月5日后卸任。此次內(nèi)閣改組給克林頓以機(jī)會(huì)使其疲憊的內(nèi)閣恢復(fù)活力。內(nèi)閣成員的人選是否已經(jīng)確定了呢？沒(méi)有。The usage of ellipsises makes eyecatching titles and subtitles: （巧用省略）178。 “Who is afraid of global markets? Not . investors.”178。 “Time for a reality check in Asia. Time for a fire brigade.”178。 “Hubris? Perhaps. But Dobson isn’t the only putting up his chest these days.” 傲慢嗎？也許。但DOBSON可不是近來(lái)唯一一位趾高氣昂的人。The frequent use of quotes, parentheses and hyperbaton: （引語(yǔ)，插入語(yǔ)及倒裝）178。 “I am afraid the US banks are going to have to get used to seeing Doutsche Morgan Grenfell more often, “ says Chief Executive Michael . Dobson.總裁Dobson說(shuō)：“恐怕美國(guó)銀行將不得不習(xí)慣于經(jīng)常與Doutsche Morgan Grenfell