Unit 4 Finance

Exercise 1
endeavor - to try very hardadjustment - a small change made to a machine, system, or calculationassets - the things that a company owns, that can be sold to pay debts in assetsattaining - to reach a particular level, age, size etcshareholder equity - shares in companies, especially ordinary shares; the business of trading sharesexpense - money that a business spends on supplies, workers, services, etc. in order to operateinsight - a sudden clear understanding of something or part of something, especially a complicated situation or idealiability - the amount of money that a company or a person owescompany list - to write a list, or mention things one after the otherretained earning - the part of the profit made by a company after tax has been paid that is invested in the company rather than being paid to shareholders as dividends
Exercise 2
1 Share prices attaining high of $3.27.2 The company is reported to have assets of nearly €90 000.3 Labour is the airline industry’s biggest expense.4 The article gives us a real insight the causes of the present economic crisis.5 The vast majority of capital spending by companies is financed from retained earnings.6 We had to make some adjustments to the original calculations.7 Many investors are switching from equity to bonds.8 Laney continues to be a great endeavor to the company.9 We always list to please our customers.10 These should be available from most good component suppliers and are certainly list in the Maplin catalogue.