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Megabite’s profits beat forecasts as sales rise Fast food giant, Megabite has reported better-than-expected profits for the firs
Megabite’s profits beat forecasts as sales rise Fast food giant, Megabite has reported better-than-expected profits for the firs
admin
2015-09-22
77
问题
Megabite’s profits beat forecasts as sales rise
Fast food giant, Megabite has reported better-than-expected profits for the first quarter, with sales up in Canada. The company earned $650 million in sales, up from $520 million in the previous year. According to its most recent annual report, its profits also soared last year to $56 million from $35 million.
In a statement, the company’s spokesperson, David Young said low costs of raw materials, equipments, wages, coupled with stable exchange
rates accounted for the rise. Mr. Young also remarked that the company would donate some of its profits to local charity organizations.
Delihouse and Foodworld, Megabite’s main rivals, have not yet released their end-of-year financial reports. But the factors cited by Megabite’s spokesperson have benefited businesses around the country, and analysts expect to see that both Delihouse and Foodworld performed as well as Megabite.
In the article the phrase "accounted for" in paragraph 2, line 4 is closest in meaning to
选项
A、deal with
B、explained
C、computed
D、customized
答案
B
解析
“account for”词意是“作为……的原因”,在这里看成说明利润增加的原因。
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