Variant №6

1 Translate the following text in written form using a dictionary:

Accounting

Accounting shows a financial picture of the firm. An accounting department records and measures the activity of a business. It reports on the effects of the transactions on the firms financial condition. Accounting records give a very important data. It is used by managers, stockholders, creditors, independent analysts, banks and government. Most businesses prepare regularly the two types of records. That is the income statement and balance sheet. These statements show how money was received and spent by the company.

In finance we operate with three main categories of ratios. One ratio deals with profitability, for example, the Return on Investment Ratio. It is used as a measure of a firm's operating efficiency. The second set of ratios deals with assets and liabilities. It helps a company to evaluate its current financial position. The third set of ratios deals with the overall financial structure of the company. It analyses the value of the ownership of the firm.

2 Answer the following questions:

1. What is the purpose of accounting?

2. Who uses the data provided by accounting firms?

3. What can you know analyzing the income statement and balance sheet of a company?

3 Change the following statements to questions beginning with the question words given:

1. We had an opportunity to visit several towns. (What, How many)

2. We spent five days in Riga. (How many)

3. My friend is fond of hiking. (Who)

4. He will be having breakfast at 8 tomorrow. (Who, When)

5. Yesterday all the shops were closed. (When, What)

4 Change each of the following sentences into interrogative and negative forms:

1. They study at the Mogilev State-Technological College.

2. My mother worked at school last year.

3. The old teacher is seen in the park every morning.

4. He is a second-year student.

5. We saw them here yesterday.

5 Change the following sentences from Active to Passive. Do not change the tense:

1. We sent to the doctor.

2. They listened to her with interest.

3. Heavy storms affected shipping.

4. His friends helped him.

5. These circumstances hindered their work.

6 Translate the following sentences into Russian and state their and voice:

1. The price of this hat is rather high.

2. He promised to return the magazines to me in a few days.

3. We shall go to see them next Sunday.

4. It was raining when we left home.

5. Now he is painting a new picture.

7 Change the following sentences from Active to Passive. Do not change the tense:

1. We sent for the doctor.

2. They listened to her with interest.

3. Heavy storms affected shipping.

4. His friends helped him.

5. These circumstances hindered their work.

8. Translate the following sentences into Russian and state their and voice:

1. The price of this hat is rather high.

2. He promised to return the magazines to me in a few days.

3. We shall go to see them next Sunday.

4. It was raining when we left home.

5. Now he is painting a new picture.