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Cash and Liquidity Denitto Giantoro - 20.0102.0071
Cash and Liquidity Denitto Giantoro - 20.0102.0071
Cash and Liquidity Denitto Giantoro - 20.0102.0071
Date: May 21
Class: 20B 20.0102.0071
Teacher: Umi Rachmawati
ACCOUNTING
By: noname
Source: internet
Pronunciation: AA
Directions: Practice by saying the word pairs and example sentences, then speak the
words from this reading.
Vocabulary
Directions: Study the following keywords and definintions.
Reading
Directions: Read the following passage carefully.
All over the world small and medium enterprises (SMEs) are considered as backbone of
a country's economy. They play a key role in economic development and make an
important contribution to employment and GDP, and are important contributors to total
employment and job creation. In Jordan SMEs comprise 98.5% from the total amount of
registered companies, and 60% of formal jobs, in addition to 50% of the GDP in 2013
(1) and they are the engine of solving the unemployment.
Cash is the vital component of the working capital because it keeps a business running.
It is the hub around all financial matters centre. Thus, management of cash is crucial for
the success of an enterprise. The adequacy of cash and other current assets, together
with their efficient handling, virtually determines the survival or extinction of a business
concern. Cash is an important current asset for the operations of business. It is the
basic input needed to keep the business running on a continuous basis (Abu Tabanja
2005).
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continuous basis and it is also the ultimate output expected to be realized by selling the
services or products manufactured by the firm (Pandey, 2010).
The role of Small and Medium Scale Enterprises (SMEs) in the world economy have
been highly emphasized as the means through which rapid industrialization and other
development goals of a nation can be realized. Small and medium sized enterprises
(SMEs) form a large part of economy and are regarded as the drivers of socio-
economic development in all countries .
Comprehension Questions
Directions: Read the following questions and answer each to the best of your ability.
1. Identify a quote from the text that you think is very important and explain why.
Answer : Cash is the vital component of the working capital because it keeps a
business running. This quote have meaning that cash is very important to
business. Isn’t just to pay obligation but how to manage the cash and running the
business. Without cash its hard to run the business.
2. If you could interview the person who wrote this text what two questions would
you want to ask? Explain why each question is important.
Answer : a. how to manage cash in the business, so they can run and survive
the business? Its very important how run and survive the business with good
cash management.
b. what will you do if there’s no cash and you want run a business? Many young
entrepreneur confused how to start the business but they don’t have a capital
cash and experience in the business.
3. What connections can you make between the text and other texts, information, or
experiences?
Identify 3 important supporting 2) Cash is the vital component of the working capital
details that contribute to the because it keeps a business running.
main idea of the passage.
Answer : To inform the reader about how important cash and liquidity is use for Industry.
Focus on Grammar
When we expect an action to happen, like "The alarm clock is supposed to ring at 7:00"
or a condition to exist, as in "It is supposed to be cold tomorrow" we use "supposed to."
Sometimes people say "expected to", but it is less common in conversation.
What is expected in the sentence(s) below?
Directions: Identify the word that ends with -ous in each sentence and write it on the
line.
1. It is the basic input needed to keep the business running on a continuous basis
( Abu Tabanja 2005 )
gaseous gas + eous Above 100 degrees C., water becomes gaseous.
furious (fury-y) + ious When you pull her tail, the cat gets furious.
glorious (glory-y) + ious Eid Mubarak its glorious day for moslem peoples.
Vocabulary Practice
FILL IN THE BLANK
Directions: Use the word bank to identify the word that best completes the sentence.
comprise continuous contribution efficient maintain position
crucial adequate assumes component enterprise contributors
firm used to is used to
Vocabulary Practice
MATCHING
Directions: Write the letter of word that matches the definition on the line. If it helps, feel
free to also draw a line between the definition and the matching word.
A. comprise
B. continuous
C. contribution
D. efficient
E. maintain
F. position
G. crucial
H. adequate
I. assumes
J. component
K. enterprise
L. contributors
M. firm
N. used to
O. is used to
1. Crucial Essential, very important, necessary.
2. Is used to To be accustomed to something.
3. Continuous Non-stop.
4. Firm A business organization.
5. Contribution Something given or offered; money given to something.
6. Component A part.
7. Maintain To keep in same condition.
8. Position Place, status or rank.
9. Comprise To make something from many parts.
10. Efficient Works without using extra energy and without waste.
11. Contributors One who donates to a charity or some other cause.
12. Used to A regular action in the past.
13. Adequate Enough, in amount or quality.
14. Entrepreneur Company.
15. Assumes To act as if something is true without proof or direct
knowledge.
Vocabulary Practice
WRITE YOUR OWN SENTENCES
Directions: For each of the words in the box, write an original sentence using the word.
Circle the vocabulary word in each sentence. Be sure to write a sentence that would
help the reader better understand the meaning of the word.
11. We're dealing with one of the largest lobbying firms in the country.