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  3. Let’s say that a new corporation is created and in its IPO(首次公开上市)it raises

Let’s say that a new corporation is created and in its IPO(首次公开上市)it raises

游客2023-09-20  26
问题     Let’s say that a new corporation is created and in its IPO(首次公开上市)it raises $ 20 million by selling one million shares for $ 20 a share. The corporation buys its equipment and hires its employees with that money. In the first year, when all the income and expenses are added up, the company makes a profit of $ 1 million. The board of direction of the company can decide to do a number of things with that $ 1 million.
    It could put it in the bank and save it for a rainy day. It could decide to give all of the profits to its shareholders(股东). It could use the money to buy more equipment and hire more employees to expand the company. It could pick some combination of these three options.
    If a company traditionally pays out most of its shareholders, it is generally called an income stock. The shareholders get income from the company’s profits. If the company puts most of the money back into the business, it is called a growth stock. The company is trying to grow larger by increasing the amount of equipment and the number of people who run it. [br] What does the phrase "save it for a rainy day"(Line 1, Para. 2)mean?
选项 A、Keep the money from the bad weather.
B、Reserve the money until the rain comes.
C、Keep the money for the future use.
D、Reserve the money in order to have rain.
答案 C
解析 本题考查考生对词组save itfor a rainy day的掌握情况，该词组意为“以备不时之需”。根据第二段第一句中的putit in the bank，也可以推出这个意思。C)用To keep the money for the future use来替换该词组，为正确选项。
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