[单项选择]On January 2, a company acquires some state-of-the-art production equipment at a net cost of $14 million. For financial reporting purposes, the firm will depreciate the equipment over a 7-year life using straight-line depreciation and a zero salvage value; for tax reporting purposes, however, the firm will use 3-year accelerated depreciation. Given a tax rate of 35% and a first year accelerated depreciation factor of 0.333, by how much will the company’s deferred tax account increase in the first year of the equipment’s life（）
A. $931700.
B. $1064800.
C. $1730300.

[单项选择] (29) the January 2006 company conference, top level executives discussed their financial results (30) 2005. Leading the conference (31) Mr. Miller, Chief Executive Officer, (32) would later report the results to Mr. Harvey, the corporate President. Reporting (33) Mr. Miller at the meeting were Emily Lee, Peter Smith and John Walker, each a vice president (34) separate departments within the company, Both Emily Lee and Peter Smith reported ordinary profits for the year 2005, with funds (35) excess of 20% greater than that of the previous year. However, John Walker was able to report an exceptionally high profit (36) her department, with revenue exceeding 70% from that of the previous (37) . (38) a result, Mr. Miller requested John Walker to present a more detailed report. Later, Mr. Miller reported the data to Mr. Harvey, who presented the results in a speech (39) an international symposium
A. By
B. With
C. At

[填空题]In January, millions of youths took up the Do Something organization’s "Kindness & Justice Challenge", devoting ______ to good deeds, like gathering supplies for schools in need.

[多项选择]Some company departments and their responsibilities 部门职责

[单项选择]As of January 1, a company had 22500 $10 par value common shares outstanding. On July 1, the company repurchased 5000 shares. The company also has 11000,10% , $100 par value preferred shares. If the company’ s net income is $ 210000, its diluted earnings per share is closest to :（）
A. $5.00.
B. $7.50.
C. $10.00.

[填空题]An insurance company can estimate with some accuracy how many will have losses by______.

[简答题]

Directions:
Your company intends to purchase some car parts. Now it has received a fax offer(传真报价). Write a letter to the sales department of a car parts company to express your:
1) thanks for the fax offer,
2) willingness to accept all the terms except price, and
3) request of reduction in price.
You should write about 100 words on ANSWER SHEET 2. Do not sign your own name
at the end of the letter. Use "Li Ming" instead. You do not need to write the address.