单选题Which of the following goods is likely to have the most elastic demand? ( )

单选题Liabilities are ______.

单选题ABC company is the beneficiary of a confirmed irrevocable letter of credit. bank (s) will assure the company that it will be paid.

单选题Eva, Francis and Gigi have been in business for many years. They have always shared profits and losses equally. No goodwill account has been created in the books. On 1 January Year 7 they agree that Henry will join the partnership. Henry pays ＄25,000 as his contribution. They agree to share profits and losses equally. The Net Assets before Henry's admission is $ 60,000. After Henry's admission, the goodwill is equal to ______. (a)＄15,000. (b)＄5,000. (c)＄35,000. (d)＄20,000.

单选题A.cashB.notesandcoinsC.recordedelectronicfunds-transfersystemD.papergold

单选题The word "conduits" in the passage means ______ .

单选题A.Exchangecurrency.B.Changesomepoundbills.C.ChangesomeUSDollarbills.D.Changesomepoundsbill.

单选题A firm’s cash flows can be divided into cash flow from: (1) operating activities (2) investment activities, and (3) financing activities. The operation activity cash flows are cash flows--inflows and outflows--directly related to origination and sale of the financial firm's assets and to operating costs such as general market activities, security trading activities, interest received and foreclosed collateral. Investment activity cash flows are cash flows and financial investments. Clearly, purchase transactions would result in cash outflows whereas sales transaction would generate cash inflows. The financing activity cash flows result from debt and equity financing transactions. Borrowing and repaying either short - term debt or long - term debt would result in a corresponding cash inflow or outflow. Similarly, the sale of common or preferred stock would result in a cash inflow whereas the repurchase of stock or payment of cash dividends would result in a financing outflow. Summarizing the firm's operating, investment, and financing activity cash flows during a given period helps to account for changes in the firm's cash position from the beginning to the end of the period chosen. Managing cash is a very important activity for financial intermediaries. The cash flow statement provides the basics structure of all sources and uses of cash.

问答题ThefollowingarethesummarizedfinancialstatementsofMr.Wong'sbusinessfortheyearsended31December2002and2003respectively.{{U}}BalanceSheetsasat31December{{/U}}20022003＄＄FixedAssets(netbookvalue)22,50018,000CurrentAssets:Stock10,50027,000Debtors18,00054,000Bank1,500—Currentliabilities:Creditors(9,000)(22,500)Bankoverdraft{{U}}—{{/U}}{{U}}(15,000){{/U}}Capitalat1January18,00043,500NetProfitfortheyear45,00052,500Drawings{{U}}(19,500){{/U}}{{U}}(34,500){{/U}}{{U}}ProfitandLossAccount{{/U}}Sales180,000300,000Costofsales{{U}}120,000{{/U}}{{U}}225,000{{/U}}Grossprofit60,00075,000Operatingexpenses{{U}}15,000{{/U}}{{U}}22,500{{/U}}NetprofitAdditionalinformationisgivenasfollows:1.Allsaleswereoncreditbasis.2.Therewerenopurchaseordisposalsoffixedassetsduringtheyear.3.Thestockvalueanddebtorbalanceasat31December2001were＄15,000and＄30,000respectively.Required:(a)Calculatethefollowingfinancialratiosforyearsboth2002and2003:(i)Grossprofitmargin(ii)Netprofitmargin(iii)Returnoncapitalemployed(iv)Currentratio(v)Acidtestratio(vi)Stockturnoverperiod(days)(vii)Debtorscollectionperiod(days)(viii)Gearingratio(b)Whyisthegearingratioimportanttoabankerinmakingalendingdecision?(c)Basedonthefinancialratiosin(a),commentontheprofitability,liquidityandmanagementefficiencyofMr.Wong'sbusiness.

问答题Speculative demand for money

问答题A commercial bank shall not engage in trust investment of stock business, or invest in real estate not for its own use.

问答题There are a variety of financial products available in the markets, such as A-shares, B-shares, securities investment funds, treasury bonds, corporate bonds, convertible bonds, commodity futures, ETF, LOF and warrants.

问答题The authorized financial institutions should keep enough foreign exchange working capital in accordance with the relevant regulations on asset and liability ratios concerning their foreign exchange operations and loan loss provisions.

问答题Name any 3 types of leasing services offered by breaks.

问答题Explain the Open Market Operations.

问答题What are the three major functions of money? Describe how drastic inflation can undermine the ability of money to perform these three basic functions.

问答题激励机制

问答题Bancassurance refers to the sale of insurance products through bank distribution.

问答题Because insurance contracts are complicated, they must be approved by the regulatory authorities to ensure that the insurance - buying public will not be mistreated as a result of un- fair provisions.

问答题What is merchant banking? Why does it grow rapidly in Hong Kong?