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提问人：网友jellyku 发布时间：2022-01-07

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Short-term debt is a major source of funds for a firm. For large firms, commercial banks a

re the source of short-term finance, and for small firms, they can also turn to commercial banks when they have difficulties in revolving. Lines of credit may be obtained【C1】______commercial banks as a possible way of【C2】______that the firm has Jan【C3】______source of short-term finance.

In general,【C4】______banks can increase the effective rate of【C5】______that they earn on a loan by requiring a【C6】______to maintain compensating balances, by discounting the【C7】______in advance(i.e.deducing the interest at the beginning of the loan), or【C8】______requiring installment payments. However, commercial bank loans may still be cheaper than other【C9】______of short-term finance such as trade credit.

Trade credit is【C10】______to suppliers and is a【C11】______source of finance. Many small firms use it【C12】______there is no other source of funds【C13】______to them. The borrower may also be【C14】______of its true cost which is【C15】______more expensive than short-term loans from commercial【C16】______

Commercial paper is unsecured short-term debt. It is usually【C17】______by large credit-worthy corporations as【C18】______source of short-term funds. The【C19】______interest rate is usually lower【C20】______comparable commercial bank loans.

【C1】

A．from

B．with

C．through

D．in

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第1题

______ is short for photovoltaic

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第2题

One of our main argument is that we in Western countries actually 【M1】______

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World countries are saddle by immense debt burdens, for example. They 【M2】______

lent money at low interest rates in the 1970s, when money flooded into 【M3】______

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have a situation where a country in many cases can' t even repay the interest

, let alone the capital, on the debt. And I suppose the best example

from that I' ye come across is a country, in West Africa where the consumption 【M5】______

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they' re imported can bring in a great deal of foreign income. The peanut 【M6】______

is a major source of protein in this country. So you had people go hungry as 【M7】______

a result of that. The peanuts were exported to Great Britain and the United

States to feed our cattle. Those cattle then produced a surplus of milk

which we don't know what to do with. We have enough milk, more milk

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formed into dried milk powder and then taken back to this country to help

feed children who were suffering from malnutrition. So that's the kind of insanely 【M9】______

【M1】

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第3题

The interest rates have then been risen __4__dramatically.

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第4题

Questionsare based on the following passage:

(79) It' s a day to celebrate, a time to educate, and a wa~/to make a difference. Earth Day was first observed on April 22.1970. The tradition began in the United States and is now an in-ternational focal point for people who are concerned about the environment.

Imagine a time before the Clean Air Act, the Clean Water Act, the Endangered Species Act,and even the Environmental Protection Agency. Hot topics of the time were industrial pollution,nuclear accidents, oil dependency, pesticides, and a variety of social issues. However, policy-makers were not yet acting on many important environmental problems,Earth Day grew out of grassroots action and institutional support. Student leader Denis Hayes and Wisconsin Senator Gaylord Nelson were two key organizers for the first event. Over 20 mil-lion concerned citizens rallied for clean air and water. College students were a major force in the campaign, although participants of all ages were involved. Still, we cannot really credit a handful

of individuals for the success of Earth Day. After all, a major message of Earth Day is that every single person has an important role in the environment.

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Thirty years later, the focus has changed but the urgency remains the same. Due to increas-ing amounts of scientific evidence that fossil fuels are changing the global climate, the theme for Earth Day 2000 is Clean Energy. The four major goals of Earth Day 2000 are clean cars, clean power, clean air, and clean investments.

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A.30th

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第5题

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第6题

which of the following is the information feature of finnacial accounting?

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B、quantitative

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第7题

The only thing that the Romans, modem archaeologists and the Iron Age islanders themselves all agreed on is that the origin of British people is not Celts.

A．Y

B．N

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第8题

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C．He would lose all his salt.

D．He would be heavily fined.

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