Tensing Incorporated, the hi-tech California company specializing in data storage systems, has announced that it will be proceeding with a two for one stock split this Monday. On October 1st, Tensing shareholders will receive one additional share for every share that they already hold in the company. CEO Julius Barnaby said that the split was decided after the spectacular rise in the Tensing stock price over the last six months. "We've had a great year so far and I'm very confident that the demand for our software solutions will remain strong." The dramatic rise is due to Tensing's expansion into overseas markets. The company's systems have now been adopted by over 135 major international corporations and further growth is on the horizon. At the close of the stock market on Friday, Tensing stock was trading at 70 dollars, a 50% increase over last year. Splitting the stock will make more shares available to investors at half the current price, but it will not increase the overall value of a shareholder's investment. As finance specialist J.J. Holmes of Broker Securities points out, "a stock split does little more than offer shareholders two share certificates instead of one. Tensing has doubled its stock volume and halved the share value. But at 35 dollars, it's a more tempting buy." What would you rather have: a twenty dollar bill or two tens?
单选题
What type of business is Tensing lnc.? A. An investment bank B. A software supplier C. A brokerage firm D. A livestock trading company
【正确答案】
B
【答案解析】文章开头说：“Tensing incorporated，the hi-tech California company specializing in data storage systems... (Tensing incorporated是加利福尼亚一家专门致力于数据存储系统的高科技公司。)”，所以Tensing Inc是软件供应商(B)。文章中多次出现stock(股票)一词，但指的是Tensing Inc自己发行的股票，而不是说该公司是一家股票经纪公司(C)。文中出现过investment(投资)一词，但指的是股票持有者对Tensing Inc的投资，而不是说该公司是一家投资银行(A)。选项(D)A livestock trading company(一家牲畜贸易公司)中的livestock是干扰词，与stock无关。
单选题
What is the company going to do? A. Pay a cash dividend B. Buy back its own stocks C. Increase the number of shares D. Invest in storage facilities
【正确答案】
C
【答案解析】通过第一段中的“it will be proceeding with a two for ones tock split(公司将进行一次2:1股票分割)”和“share holders will receive one additional share for every share(股东们的每一股将会得到额外的一股)”，以及最后一段的关键词语making more shares available(使能够购买的股份变得更多)和doubling the stock volume(使股票供应量翻一番)可以判断，该公司将要增加股份数量(C)。文中未提到支付现金股息(A)、回购其股票(B)或储藏设备(D)。
单选题
How much will each share be worth after the split? A. 70 dollars B. 35 dollars C. 20 dollars D. 10 dollars
【正确答案】
B
【答案解析】..Friday, Tensing stock was trading at 70 dollars...(周五Tensing股票的交易价格是70美元。)”和“Splitting the stock will make more shares available to investors at half the current price.(分割股票将使投资者买到更多股份，股价为现在的一半。)”可以判断，股票分割后，每股价格将为35美元(B)。后面的“at 35 dollars，it's a more tempting buy．(35美元的价格是一笔更吸引人的买卖。)”则宜接重复了正确答案。因此，选项(A)、选项(C)和选项(D)不正确。
单选题
Why has Tensing stock risen 50% since last year? A. The company transferred its headquarters. B. Financial specialists promoted the stock. C. The company has had increased sales abroad. D. The company has cut its costs in half.
【正确答案】
C
【答案解析】文章中说：“The dramatic rise is due to Tensing's expansion into overseas markets．(这样急剧的增长是由于Tensing海外市场的拓展。)”，所以Tensing股票自去年起增长了50%的原因是该公司的海外销售增长了(C)。文章未提到该公司的总部搬迁了(A)、财务专家推销了股票(B)和该公司的成本削减了一半(D)。