[单项选择]

TENSING INC. STOCK SPLIT

Tensing Incorporated, the hi-tech California company specializing in data storage systems, has announced that it will be proceeding with a two for one stock split this Monday. On October 1st, Tensing shareholders will receive one additional share for every share that they already hold in the company.
CEO Julius Barnaby said that the split was decided after the spectacular rise in the Tensing stock price over the last six months. "We’ve had a great year so far and I’m very confident that the demand for our software solutions will remain strong."
The dramatic rise is due to Tensing’s expansion into overseas markets. The company’s systems have now been adopted by over 135 major international corporations and further growth is on the horizon.
At the close of the stock market on Friday, Tensing stock was trading at 70 dollars, a 50% increase over last year. Splitting the stock will make more shares avail
A. An investment bank
B. A software supplier
C. A brokerage firm
D. A livestock trading company

[单项选择]
Tensing Incorporated, the hi-tech California company specializing in data storage systems, has announced that it will be proceeding with a two for one stock split this Monday. On October 1st, Tensing shareholders will receive one additional share for every share that they already hold in the company.
CEO Julius Barnaby said that the split was decided after the spectacular rise in the Tensing stock price over the last six months. "We’ve had a great year so far and I’m very confident that the demand for our software solutions will remain strong."
The dramatic rise is due to Tensing’s expansion into overseas markets. The company’s systems have now been adopted by over 135 major international corporations and further growth is on the horizon.
At the close of the stock market on Friday, Tensing stock was trading at 70 dollars, a 50% increase over last year. Splitting the stock will make more shares avail
A. Pay a cash dividend
B. Buy back its own stocks
C. Increase the number of shares
D. Invest in storage facilities

[单项选择]How would a stock split be reported on the statement of cash flows A stock split would:（）
A. be reported as a use of cash in the cash flows from financing. 
B. be reported as a source of cash in the cash flows from investing. 
C. not be reported on the statement of cash flows because it is a non-cash event.

[单项选择]An analyst is creating a new stock market index that is not affected by stock splits. The index the analyst is least likely to develop is:（）
A. unweighted.
B. price-weighted.
C. value-weighted.

[单项选择]A stock’s abnormal rate of return is defined as the:（）
A. expected risk-adjusted rate of return minus the market rate of return.
B. actual rate of return less the expected risk-adjusted rate of return.
C. the market rate of return less the actual rate of return.

[单项选择]Do "margin" in the stock market and "margin" in the futures market, respectively, mean that an investor has received a loan that reduces the amount of his own money required to complete the transaction "Margin" in the stock market "Margin" in the futures market ①A. No No ②B. No Yes ③C. Yes No

[简答题]stock raising

[填空题]
Participants in the stock market range from small individual stock investors to large hedge fund traders, who can be based anywhere. Their orders usually end up with a professional at a stock exchange, who executes the order of buying or selling.
(9) thus providing a marketplace (virtual or real). The exchanges provide real-time trading information on the listed securities, facilitating price discovery.
Some exchanges are physical locations where transactions are carried out on a trading floor, by a method known as open outcry. This type of auction is used in stock exchanges and commodity exchanges where traders may enter "verbal" bids and offers simultaneously. (10) composed of a network of computers where trades are made electronically via traders.
Actual trades are based on an auction market model where a potential buyer bids a specific price for a stock and a potential s

[单项选择]
A public corporation issues certificates of ownership, called common stock, which may be traded on stock exchanges.Anyone can buy and sell shares of common stock.Owners of stock are referred to as shareholders and stockholders. common stockholders are accorded certain rights by the corporate charter.In the United States, these rights vary from state to state, but in general the articles of incorporation spell out voting rights and rights to receive profits.
Common stockholders are the voting owners of a corporation.They are usually entitled to one vote per share.They may vote on numerous issues affecting the corporation (including a decision to sell or merge with another corporation) and elect a board of directors, who, in turn, hire managers to run the business.A majority shareholder is one who owns over 50 percent of the outstanding shares in a corporation and, thus, can call the shots.All
A. the returns to common stockholders.
B. the majority and minority stockholders.
C. the voting rights of common stockholders.
D. the formation of common stock.

[单项选择]Lincoln Corporation and Continental Incorporated are identical companies except that Lincoln complies with U. S. Generally Accepted Accounting Principles and Continental complies with International Financial Reporting Standards. Assuming an inflationary environment and stable inventory quantities, which permissible cost flow assumption will minimize each firm’ s pre-tax financial income Lincoln Corporation Continental Incorporated（）①A. Last-in, first-out Last-in, first-out ②B. First-in, first-out Average cost ③C. Last-in, first-out Average cost
A. ①
B. ②
C. ③

[简答题]finite stock

[简答题]stock listings

[单项选择]Many of their ideas are being incorporated into orthodox medical treatment.
A. acceptable
B. conservative
C. western
D. conventional

[填空题]
A stock market crash is often defined as a sharp dip in (31) ... prices of equities listed on the stock exchanges. In parallel (32) ... various economic factors, a reason for stock market crashes is also (33) ... to panic and investing public’s loss of confidence. Often, stock market crashes end speculative economic bubbles.
There have been famous stock market crashes that have ended in the (34) ... of billions of dollars and wealth destruction on a massive scale. An increasing (35) ... of people are involved in the stock market, especially since the social security and retirement plans are (36) ... increasingly privatized and linked to stocks and bonds and other elements of the market. There have been a number of famous stock market crashes like the (37) ... Street Crash of 1929, the stock market crash of 19734, the Black Monday of 1987,

[单项选择]
The stock market is one of the most important (21) ... for companies to raise money. This allows businesses to be publicly (22) or raise additional financial capital for expansion by selling shares of ownership of the company in a public market. The (23) ... that an exchange provides affords investors the ability to quickly and easily sell securities. This is an attractive feature of (24) ... in stocks.
Exchanges also act as the (25) ... for each transaction, meaning that they collect and deliver the shares, and guarantee payment to the seller of a security. This eliminates the risk to an individual buyer or seller that the counterparty could (26) ... on the transaction. The smooth functioning of all these activities facilitates economic growth in that lower costs. In this way the financial system is assumed to contribute to increased prosperity.