WEEK 12

2/pag 16 Match the words with their partners and then look at the statements again to check.
1.consolidated- affiliates
2retained- earnings
3. current- receivables
4.common-stock
5.total- liabilities
6.accumulated- gains
7.intangibile- assets
Now match the word parteners to their definitions.
a)consolidated affiliates
b)retained earnings
c)current receivables
d)common stock
e)total liabilities
f)accumulated gains
g)intangible assets
3/pag 16
4/pag 17 Choose the best way to say these numbers and equations. ( Sometimes more than
one way is possible.)
23.56 -c)twenty-three point five-six
1999 -a)nineteen ninety-nine
10.001 -c)ten thousand and one
2003 -c)two thousand and three
£63.30 -d)sixty-three pounds thirty
5,400,342 -c)five million,four hundred thousand,three hundred and forty-two
€45.638 -a)forty-five thousand,six hundred and thirty-eight euro
6/pag 18
1.f
2.b
3.h
4.e
5.d
6.a
7.g
8.c
7/pag 18
a) Working Capital
Working capital, also called net working capital, represents the difference between a
company’s current assets and current liabilities.
b) Return of Assets
Return on assets is a profitability ratio that provides how much profit a company can
generate from its assets.
c) Debt/Assets Ratio
Shows how much of a business is owned by creditors (people it has borrowed money from)
compared with how much of the company's assets are owned by shareholders.
8/pag 19
1.average interest rate
2.earnings per share
3.return on equity
4.debt/equity ratio
5.gross profit margins
6.inventory turnover
7.price/ernings per share
a)gross profit margins
b)average interest rate
c)price/ernings per share
d)return on equity
e)inventory turnover
f)debt/equity ratio
g)earnings per share
9/pag 20
 VERB NOUN

To predict Prediction

To pay Payment

To compare Comparasion

To calculate Calculation

To indicate Indication

To expand Expansion

To perform Performance

Now use verb or nouns from above to complete the sentence.You may need to change the
form.
a) expecting
b)predict
c)calculation
d)performed
e)expansion
f)pay
10/pag 20
1.over
2.got
3.ask
4.that
5.just
6.questions,over
Listen to what these people say about financial statements and fill the gaps./pag 21
Accountant:
1. creditors
2.profitable
3.stock/exchanges
Trader:
4.financial situation
5.rely on
6.sources
7.staff
Investor:
8.gotta/clue
9.interpreted
10.point
11.themselves
Layman:
12.find out
13.fast
14.trained
15.count up
Managing director:
16.exactly
17.picture
18.take responsability