- •Vocabulary
- •Vocabulary Tasks
- •I. Study the following words and phrases. Recall the sentences in which they are used in the text. Use them in sentences of your own.
- •II. Replace the Ukrainian words and phrases by appropriate English equivalents. Translate the sentences.
- •III. Change the noun form into the verb and adjective forms. You may want to use a dictionary.
- •IV. For each word or phrase, write one which means the opposite.
- •V. Match these words as they occur in the text. Translate the phrases.
- •VII. Find words and phrases in the text which mean:
- •VIII. Fill in the blanks with prepositions.
- •II. Mark these statements t (true) or f (false) according to the information in the text. Find the part of the text that gives the correct information.
- •I. Write sentences with the following words.
- •II. Write questions to the following answers.
- •Text b. Financial Plan
- •Vocabulary
- •Reading and Speaking Tasks
- •I. Make up questions covering the content of the text and le your fellow students answer them.
- •II. Having read the text, what you can now say about:
- •III. Work with a partner who read the text to produce a summary of the text. You need only mention the important points. Lesson 2. Firm's finances Text a: Short-Term and Long-Term Expenditures
- •Vocabulary
- •Vocabulary Tasks
- •I. Study the following words and phrases. Recall the sentences in which they are used in the text. Use them in sentences of your own.
- •II. Replace the Ukrainian words and phrases by appropriate English equivalents. Translate the sentences.
- •III. Change the noun form into the verb and adjective forms. You may want to use a dictionary.
- •IV. For each word or phrase, write one which means the opposite.
- •VII. Find words and phrases in the text which mean:
- •VIII. Fill in the blanks with prepositions.
- •II. Mark these statements t (true) or f (false) according to the information in the text. Find the part of the text that gives the correct information.
- •III. Without looking back at the next, exchange its content with someone who read the text too.
- •I. Write sentences with the following words.
- •Part II. Sources of Long-Term Funds
- •Vocabulary
- •Vocabulary Tasks
- •I. Study the following words and phrases. Recall the sentences in which they are used in the text. Use them in sentences of your own.
- •II. Replace the Ukrainian words and phrases by appropriate English equivalents. Translate the sentences.
- •III. Change the noun form into the verb and adjective forms. You may want to use a dictionary.
- •IV. For each word or phrase, write one which means the opposite.
- •VII. Find words and phrases in the text which mean:
- •VIII. Fill in the blanks with prepositions.
- •Inventory Loans
- •Reading Tasks
- •I. Answer the questions using the information from the text.
- •II. Mark these statements t (true) or f (false) according to the information in the text. Find the part of the text that gives the correct information.
- •III. Without looking back at the next, exchange its content with someone who read the text too. Writing and Speaking Tasks
- •I. Write sentences with the following words.
- •III. Identify five sources of short-term financing for businesses.
- •Text b: Financial Management for Small Businesses
- •Venture Capital As a Source of Funds
- •Vocabulary
- •Reading and Speaking Tasks
Vocabulary Tasks
I. Study the following words and phrases. Recall the sentences in which they are used in the text. Use them in sentences of your own.
Short-term funds; statement of payment terms; maturity date; commitment fee; duration; forthcoming; principal; standing agreement; unsecured loan; indebtedness; collateral; line of credit; enforce; retained earnings; commercial paper; floating rate; payment schedule; prime rate; open-book account (credit); seize; tax deduction; pledge; factoring accounts receivable; factor; put up; retirement of bonds; long-term funds; debt financing; guarantee; implement; long-term loan; default; secured loan; equity financing; on request; promissory note; revolving credit agreement; qualify; merely; non-interest-bearing account; corporate bond; trade draft; indenture; execute; attach; appreciation; faith; trade acceptance; disclosure; preferred stock; in the short run; compensating balance; relinquish; prevailing; common stock; continuing; lean times; maintain; fluctuate; factoring; venture capital; short-term loan.
II. Replace the Ukrainian words and phrases by appropriate English equivalents. Translate the sentences.
1. When sellers want more reassurance, they may insist on legally binding written documents: (прості векселі).
2. (Короткострокові джерела фондів) typically finance current needs for cash or inventory at times when cash requirements exceed available funds.
3. Most firms not only sell on credit, they also buy on credit, or (кредит по відкритому рахунку).
4. The presence of а (кредитна лінія) speeds the borrowing process for both the bank and the borrowing firm because the bank does not have to reexamine the firm's creditworthiness each time it borrows money.
5. Firms with excess funds often purchase (комерційний вексель) in order to earn interest.
6. For small companies, (забезпечені позики) are the only source of (короткостроковий капітал).
7. Although (факторинг) is an expensive method of raising short-term funds, it is often used in retailing because it reduces the need for major record keeping and for maintaining a collection department.
8. The uncertain nature of (довгострокові позики) can make it difficult to finance high-risk ventures.
9. Issuing (облігації) to raise money is generally reserved only for larger companies with regional or national reputations.
10. (Фінансування шляхом залучення власних коштів) differs from (фінансування шляхом отримання позик) in that there % по (дата погашення) for repayment.
11. The key to managing (використання засобів займу) is ensuring that the company's earnings are larger than the interest payments, which increases the leverage on the rate of return on the stockholders' investments.
12. Secured loans require the borrower to (віддавати під заставу додаткове забезпечення) such as accounts receivable or inventory.
III. Change the noun form into the verb and adjective forms. You may want to use a dictionary.
Example: security (n) - secure (v) - secure (adj)
Commerce, promise, note, statement, enforcement, compensation, interest, qualification, execution, continuation, commitment, floatation, rate, bond, stock, venture, preference, appreciation, deduction, standing, tax, profit.