首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
The Stock Market When a new company is organized and shares are sold, it is not hard to determine the value of each share: al
The Stock Market When a new company is organized and shares are sold, it is not hard to determine the value of each share: al
admin
2010-05-14
52
问题
The Stock Market
When a new company is organized and shares are sold, it is not hard to determine the value of each share: all the shares together represent the total value of the company.
Ⅰ. The best way to explain how the stock market works.
To imagine you form a company to produce a soda with 4 friends:
1) putting in $600 together for the expenses involved in--the【1】______ of the【1】______
company;
2) stating every【2】______ represents $10 of the present value of the company;【2】______
3) owning a share signifies--a part owner of the company.
Ⅱ. Stock price increases
when【3】______ is good and the value of the company jumps. 【3】______
1) the【4】______ $600 invested→$1,800 in value at present 【4】______
2) $10 per share originally→【5】______ each currently 【5】______
Ⅲ. Stock price falls when business is worse and the value of the company drops.
1)【6】______ of $1,800→a low point of $300 【6】______
2) $30 per share→$5 per share
Ⅳ. How to buy stocks?
1) to find a【7】______ buying and selling stock for other people; 【7】______
2) the stockbroker’ s entering a stock market;
3) the stockbroker’ s inquirement of other brokers about your buying;
4) the stockbroker’ s【8】______ of the stock purchase; 【8】______
5) to pay the bill --the amount of purchase & the stockbroker’ s【9】______ 【9】______
You have to pay the broker whenever he buys and sells for you,【10】______ 【10】______
each time you sell stock and sometimes when you buy. You may also pay a small
fee to the owners of the place where the stock is bought or sold.
【10】
The Stock Market
Good moring, ladies and gentlemen. Today, I am going to talk about the Stock Market in a easy way. I dare to say most of you will understand it after listening.
The best way to explain how the stock market works is to imagine that you get together with four of your friends and form a company to produce a soda with a new flavor, which you are going to sell in a pressurized can. You find that you need $ 600 for the expenses involved in starting the business. One of you contributes $ 200; a second, only $50; a third, $150; a fourth, $100; and the fifth, also $100. In order to be clear to everyone, you decide that each of you will be given sheets of paper on which it is stated that every sheet of paper represents $10 of the present value of the company. This means that there will be 60 sheets of paper altogether. The person who contributed $ 200 will receive 20 of these sheets, while the one who gave $ 50 will get 5.
If you gave $100, then you will receive 10 of these sheets. Each sheet, which is called a stock certificate, actually indicates that you own 1 share of stock in the company. Therefore, you now own 10 shares in the company. To own a share signifies that you are a part owner of the company.
Imagine now that when people taste the soda they want to drink more and more of it. In fact, business is so good that the original $ 600 invested by the five of you jumps to $1,800 in Value. Thus, the 60 shares of stock that were originally worth $10 each are now worth $ 30 each. This means that your 10 shares have jumped in Value to $ 300. If you want to sell some or all of these shares to anyone else, the price will be $ 30 per share.
However, in time business may take a turn for the worse. People find that the pressurized can does not work well -4he spray of soda goes everywhere. It isn’t long then before the value of the company drops from a high point of $ 1,800 to a low point of $ 300. When this happens, each of the 60 shares, which were worth $ 30, is now worth $ 5. Hence, people who want to buy the shares will now pay only $ 5 each for them.
Most companies today get started in exactly the same way as the small soda company above. Since a great deal of money is needed to operate a business, a great many people are needed to become part owners. When a company is first organized and shares are sold, it is relatively simple to determine the value of each share; because all the shares together represent the total value of the company.
But how can you go about buying stocks? It is very unlikely that you would personally know someone who happens to own shares in the company in which you wish to invest. Hence, you will probably go to a stockbroker---a man who buys and sells stock for other people. He, in turns will go to a stock market --a place where stocks are bought and sold. There he will inquire of other brokers if they know of anyone who would like to sell the stock that you want to purchase. Usually there will be some such persons. In that event, your broker will arrange to buy the stock for you and then bill you not only for the amount he had to pays but also a small additional fee to cover the cost of his services.
In the event you want to sell some stocks that you hold, you would follow exactly the same procedure. Now, however, the broker would turn over to you the amount he had received from the buyer, only withholding a small amount to pay for his services. Thus, you have to pay the broker at the time he buys the stock for you and again at the time he sells it for you. This isn’t all, though. You may also have to pay a tax each time you sell stock --and, sometimes --when you buy it. In addition, the owners of the place where the stock is bought or sold may also charge a small fee for the privilege of using their facilities. It appears that if you plan to sell your stock at some gain to yourself, you had better wait until its value increases by at least a few dollars on each shares or you may find that what you thought was a profit for you is actually eaten up by the many fees you had to pay.
选项
答案
pay a tax
解析
转载请注明原文地址:https://kaotiyun.com/show/LnlO777K
0
专业英语八级
相关试题推荐
ThisiswhatAfricahasinabundance,space,almost12millionsquaremilesofdesert,savanna,coastline,andpeople,700milli
CorporateAmericahaslongknownthatthebestdefenseisagoodoffense.It’snowonderthenthatthehealthcareindustryhasr
InAustralia,reportsaboutAboriginalpeopleoftenmakefordepressingreading.Justafewdaysago,thelatestofficialreport
Fiftyyearsago,RobertSolowpublishedthefirstoftwopapersoneconomicgrowththateventuallywonhimaNobelprize.Celebr
A、BecausethePresidenttriestosuggestthatanapparentlyfairlyliberaljudgewouldbenominated.B、Becausetheretiringjust
ThewayAmericansplanforretirementisabouttochange—again.AttheurgingofPresidentObama,theDepartmentofLaborisbac
Goodmorning.Thediscussiontopicfortoday’sseminaris"HomelessnessinAmerica."IntheUnitedStates,homelessnesshas【C1】
A、BecausetherewerefewuniversitiesintheUnitedStates.B、BecausetheyweredissatisfiedwiththeirtrainingintheUnitedS
IrelandiscalledtheEmeraldIsleforitsrichgreencountryside,butpoliticallyitisdividedintotwoparts:______.
随机试题
决策
患者病前的行为特征为病人术后的情绪反应属于
在工程施工期间,施工现场要做到地坪硬化、场区绿化、五小设施卫生化、材料堆放标准化等文明施工标准。其中五小设施卫生化的五小是指()。
监理人发出暂停施工指示后()d内未向承包人发出复工通知,除了该项停工属于承包人暂停施工的责任的情况外,承包人可向监理人提交书面通知,要求监理人在收到书面通知后28d内准许已经暂停施工的工程或其中一部分工程继续施工。
怎样预防在体育活动中发生的运动损伤?
无产阶级最可靠的同盟军是()。
行政确认:指行政机关和法定授权的组织依照法定权限和程序对有关法律事实进行甄别,通过确定、证明等方式决定管理相对人某种法律地位的行政行为。下列不属于行政确认的是()。
关于液体燃料,下列说法错误的是:
目前世界范围内,使用最普遍和最基本的教学组织形式是()
SarrElysetookasipfromaplasticcup.Likeapractisedwinetaster,sheswilledthedarkliquidaroundinhermouththenswa
最新回复
(
0
)