Unit Test 6 Market Leader Intermediate Unit 6 Test Answer Key in PDF Market Leader Intermediate
Unit Test 6 Market Leader Intermediate Unit 6 Test Answer Key in PDF Market Leader Intermediate
Unit Test 6
Answer all thirty questions. There is one mark per question.
VOCABULARY: FINANCIAL TERMS
1 Complete this report with the terms from the box.
bankruptcy / debt / dividend / earnings per share / forecast /
investment / pre-tax profits / profit margin / recession / shares
Overall, it has not been a particularly good year for Bornan Engineering. (1)_______________
are up by only €1.5 million, and the (2)_______________ for the next quarter is rather gloomy.
However, despite the effects of the global (3)_______________, the (4)_______________ have
increased to €0.56, from €0.49 last year. The meeting of shareholders has approved the payment
of a total (5)_______________ of €0.12 per share.
We do not plan to issue new (6)_______________ in the immediate future as we have decided
to halt our expansion in Central Asia. However, we shall continue to increase our
(7)_______________ in plant and equipment in all our markets.
Our performance in Slovenia has improved significantly owing to two factors. Firstly, our
biggest competitor went into (8)_______________. Secondly, as a result of using a new
distributor, our costs fell, giving us a (9)_______________ of 30 percent on our main product
line. We will use any extra cash to reduce the level of our (10)_______________.
Sales (14) r_______________ to $10.8m in March and then (15) f_______________ between
$11m and $11.5m in the period April – June.
This was followed by a (16) d_______________ increase in July, when sales jumped (17)
f_______________ $11.5m to $16.7m. The recovery continued in August, when sales (18)
r_______________ a (19) p_______________ of $18.4m.
Like in preceding years, we expect sales to (20) l_______________ off in the next two months,
after which they will probably decline gradually over the autumn and winter months.
25 Five hundred and fifteen people visited the trade show yesterday.
____________________
27 They lost one million three hundred and seventy-five thousand euros.
____________________