单选题
单选题 If at the end of 1973 Company X sold 30,000shares of common stock for 35 times Company X’s earnings for the year,what was the price of a share of common stock at that time?
A. $7.00 B. $10.00
C. $17.50 D. $35.00
E. $70.00
【正确答案】 A
【答案解析】假如X公司在1973年底以该公司一年赢利的35倍价钱售出30,000份普通股。在当时普通股的价钱是多少?
考生解答该题的关键是对“sell…for…”短语的理解,for后面接的词语多表示买进或卖出的价钱,如果能建立这种观念,本题就迎刃而解。根据Earnings图,可以找到X公司在1973年的赢利是$6,000,所以每股普通股的价钱=[*]
单选题 If Company X considered a good year to be any year in which earnings were at least 20percent of sales,how many of the years shown were good years?
A. None B. One C. TWO
D. Three E. Four
【正确答案】 C
【答案解析】若X公司认为只要一年中它的赢利至少占销售额的20%,那么该年就是好年头。根据图中显示,有多少个好年头?
该题是要找出对应的年份赢利(Earnings)与销售(Sales)的比值,经过简单计算,发现只有1973和1974两个年头满足要求。