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Large companies need a way to reach the saving of the public at large. The same problem, on a smaller scale, faces practically e
Large companies need a way to reach the saving of the public at large. The same problem, on a smaller scale, faces practically e
admin
2015-05-14
65
问题
Large companies need a way to reach the saving of the public at large. The same problem, on a smaller scale, faces practically every company trying to develop new products and create new jobs. There can be little prospect of raising the sort of sums needed from friends and people we know, and while banks may agree to provide short-term finance, they are generally unwilling to provide money on a permanent basis for a long-term projects. So companies turn to the public, inviting people to lend them money, or take a share in the business in exchange for a share in future profits.
They do this by issuing stocks and shares in the business through the Stock Exchange. By doing so, they can put into circulation the savings of individuals and institutions, both at home and overseas.
Many of the services needed both by industry and by each of us are provided by the Government or by local authorities. Without hospitals, roads, electricity, telephones, railways, this country could not function. All these require continuous spending on new equipment and new development if they are to serve us properly, requiring more money than is raised through taxes alone. The Government, local authorities, and nationalized industries therefore frequently need to borrow money to finance major capital spending, and they, too, come to the Stock Exchange.
There is hardly a man or woman in this country whose standard of living does not depend on the ability of his or her employers to raise money to finance new development.
This new money must come from the savings of the country. The Stock Exchange exists to provide a channel through which these savings can reach those who need finance.
Almost all companies involved in new production and development must______.
选项
A、depend on the population as a whole for finance
B、rely on their own financial resources
C、persuade the banks to provide long-term finance
D、borrow large sums of money from friends and people they know
答案
A
解析
事实细节题。短文第一段中提到许多公司通过发行股票融资以进行新产品的开发。B、C和D只是局部的融资方式,但是都被否定了,故选A。
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本试题收录于:
英语题库普高专升本分类
0
英语
普高专升本
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