- •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
dissolution outlays (pl.) short-term (operating) expenditures long-term (capital) expenditures incur accounts payable accounts receivable inventories unpaid bill supplier supplies (pi.) draw up short-term debt obviously withhold amount due temporarily delay predict credit policy extention of credit eligible obligation deny repayment history payment terms discount invoice incentive adjust
slightly competitor edge raw materials inventory huge denim work-in-process inventory finished-goods inventory shipment dealer grave consequence force merchandise cover fixed assets crucial pose |
розпуск, ліквідація витрати короткострокові (експлуатаційні) витрати, витрати виробництва довгострокові (капітальні) витрати
зазнавати кредиторська заборгованість (сума) дебіторська заборгованість (сума) товарно-матеріальні запаси непогашений вексель постачальник запас складати (документ) короткостроковий борг очевидно, безсумнівно утримуватися, відмовлятися належна сума тимчасово затримувати, відстрочувати передбачати кредитна політика надання кредиту прийнятний, бажаний зобов'язання відмовляти історія (картина) погашень умови платежу знижка, дисконт рахунок-фактура заохочувальний, спонукальний, стимулюючий узгоджувати, коректувати, приводити у відповідність трохи конкурент перевага запас сировинних матеріалів величезний, гігантський груба бавовняна тканина запас напівфабрикатів запас готової продукції перевезення торговець, дилер, посередник серйозний, тяжкий наслідок примушувати товар покривати основний капітал вирішальний ставити |
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.
Inventories; short-term debt; payment terms; credit policy; extention of credit; adjust; consequence; short-term (operating) expenditures; long-term (capital) expenditures; dealer; pose; work-in-process inventory; fixed assets; incur; merchandise; withhold; repayment history; temporarily; competitor; unpaid bill; dissolution; to give an edge; predict; outlays; raw materials inventory; invoice; amount due; supplier; supplies; obligation; crucial; incentive; obviously; shipment; slightly; grave; delay; huge rolls of denim; accounts payable; accounts receivable; cover; eligible; force; deny; finished-goods inventory; discount; draw up.
II. Replace the Ukrainian words and phrases by appropriate English equivalents. Translate the sentences.
1. Cash is continuously invested in (запас сировинних матеріалів, запас напівфабрикатів) and (запас готової продукції).
2. For many firms, such credit purchases - labeled (дебіторська заборгованість) on the firm's financial statements - make up 15 to 20 percent of all assets.
3. Land owned by the firm is а (основний капітал) with an unlimited life.
4. (Довгострокові витрати) for a new plant or the cash purchase of another firm means that the funds used for these purposes cannot easily be converted to cash should a need for additional funds arise quickly.
5. In order to minimize the firm's cash needs, the financial manager should (відстрочувати) the payment of bills as long as possible and collect money owed to the firm as quickly as possible.
6. The customer (утримувався) payment until the (постачальник) had delivered the materials.
7. House buyers usually have large initial (витрати) on furniture.
8. (Величезні) expenditures may cause the (ліквідація) of the firm.
9. Some funds must be held in the form of cash to (покривати короткострокові витрати).
10. The financial manager must (передбачати) the inflows and outflows of cash to determine what additional funds must be obtained at any given time.
11. The company (зазнала) debts of over $ 300,000.
12. The safety procedures had been ignored, with potentially tragic (наслідки).