首页
登录
职称英语
The decline in the price of biotech stocks has hurt many institutions that had i
The decline in the price of biotech stocks has hurt many institutions that had i
游客
2024-01-13
39
管理
问题
The decline in the price of biotech stocks has hurt many institutions that had invested heavily in biotech companies. Last year the state university added 200,000 shares of a biotech stock to its holdings. The stock in question has declined in value by more than 90 percent over the last 12 months. The college, however, did not purchase the stock, but received it as a gift. Therefore, the price decline will not harm the university’s finances. Which of the following, if true, casts the most doubt on the conclusion that the price decline of biotech stocks will not harm the university’s finances?
选项
A、The biotech sector is volatile; some stocks that lose 90 percent of their value in one year may regain all of their value and more in the following year.
B、The university needs to pay capital gains taxes only on a stock sale that results in a gain; stocks sold at a loss will incur no tax penalty.
C、Although the biotech sector is down, the overall health-care sector, in which the university has invested heavily, is up for the year.
D、The biotech company in question has a promising new drug in development that could revolutionize the treatment of type Ⅱ diabetes.
E、The university began construction of a new laboratory last year that the provost had expected to pay for with the proceeds from the sale of the biotech stock in question.
答案
E
解析
If the university initiated large capital expenditures with the expectation of selling the biotech stock at 10 times its current price, then once the stock falls in price, the university will be forced to raise that money from somewhere else; in all likelihood, this will harm the university’s finances.
转载请注明原文地址:https://tihaiku.com/zcyy/3359431.html
相关试题推荐
Manyprivateinstitutionsofhighereducationaroundthecountryareindan
Manyprivateinstitutionsofhighereducationaroundthecountryareindan
Manyprivateinstitutionsofhighereducationaroundthecountryareindan
Manyprivateinstitutionsofhighereducationaroundthecountryareindan
Inacertaingrowthfund,3/5oftheinvestmentcapitalisinvestedinstocks,a
Inacertainflowershop,whichstocksfourtypesofflowers,thereare-asman
Therecentdeclineinthevalueofthedollarwastriggeredbyapredictionofs
21.Asteadydeclineinannualmovie-ticketsalesisabouttobegin.Morethan
Withtheemergenceofbiotechnologycompanies,itwasfearedthattheywouldimp
Rumoreddeclinesinautomobile-industryrevenuesareexaggerated.Itistruetha
随机试题
Theimportanceandfocusoftheinterviewintheworkoftheprintandbroadc
Anunlimitedarmsrace______wellincreasethedangerofwar.A、mayB、canC、must
采用FIDIC合同条件的设备工程合同,合同的终止类型有()。A.由业主终止
舒张压持续超过95mmHg,无心脑肾损害的是A、1级高血压 B、2级高血压
葛根素与槲皮素的化学法鉴别可用()。A.FeCl反应B.异羟肟酸铁反应C.HC
依据《中华人民共和国中医药条例》,对中医从业人员要求叙述错误的是A.应当按照有关
对支原体抗菌作用强的喹诺酮类药物是A.诺氟沙星 B.洛美沙星 C.氟罗沙星
企业行政管理人员的薪酬,应在()账户中归集。A.“管理费用” B.“制造费用”
半枝莲与半边莲共有的功效是A.清热解毒 B.排脓 C.祛瘀止血 D.凉血止
A.商品名 B.通用名 C.化学名 D.别名 E.药品代码在药品命名中,
最新回复
(
0
)