单选题
The demand for 3M's optical film is closely related with the World Cup soccer games because the optical film ______.
a. is used in LCD and LCD is used in quality televisions and computers
b. is used in LCD and LCD is used to receive audio and video signals
c. is a better receiver of audio and video signals than televisions and computers
d. can be mounted on televisions and computers to improve the quality of images
【正确答案】
A
【答案解析】[听力原文] 31-35
Diversified manufacturer 3M Co. warned Friday that its results would miss expectations because of weaker-than-expected demand for optical film used in liquid crystal displays (LCD).
Companies from manufacturers to retailers had expected a burst of orders for LCD flat-panel televisions ahead of the World Cup soccer games, but 3M said demand did not meet those hopes.
The warning was the latest sign of trouble in the LCD marketplace and pulled down the shares of other players, including LG. Philips LCD Co.
3M said it expected to report second-quarter sales of about ＄5.7 billion. Analysts had expected the company to report sales of ＄5.72 billion, according to Reuters Estimates.
The company expects to earn ＄1.14 to ＄1.17 a share in the second quarter. For the year, 3M said it expected to earn ＄4.55 to ＄4.65 a share.
On average, analysts expected the company to report per-share earnings of ＄1.17 for the quarter and ＄4.67 for the year.
The company said the whole electronics industry had "overestimated demand for LCD televisions in anticipation of the FIFA World Cup." That resulted in rising inventory levels, especially for desktop monitors, 3M said, and had "significantly impacted" sales of its optical films.
3M, also known for its Scotch tape and Post-it notes, said the marketwide weakness in demand was aggravated internally by higher-than-expected costs as the company increased the outputs.
The shares of 3M fell 9.6% on Friday after the profit warning.
单选题
How much is the second quarter sales as expected by 3M Co.?
a. ＄5.17 billion.
b. ＄5.27 billion.
c. ＄5.7 billion.
d. ＄5.72 billion.
【正确答案】
C
【答案解析】
单选题
How much is average per-share earnings for the year as expected by the analysts?
a. ＄1.14
b. ＄1.17
c. ＄4.65
d. ＄4.67
【正确答案】
D
【答案解析】
单选题
Which of the following is not mentioned as the products of 3M Co. in this news report?
a. Optical film.
b. Post-it notes.
c. Scotch tape.
d. Desktops.
【正确答案】
D
【答案解析】
单选题
According to the news report, which of the following statements is true?
a. The shares of 3M fell 9.16% on Tuesday.
b. The shares of 3M fell 9.16% on Friday.
c. The shares of 3M fell 9.6% on Tuesday.
d. The shares of 3M fell 9.6% on Friday.