首页
登录
职称英语
Large companies need a way to reach the savings of the public at large. The
Large companies need a way to reach the savings of the public at large. The
游客
2024-02-17
5
管理
问题
Large companies need a way to reach the savings of the public at large. The same problem, on a smaller scale, faces practically every company trying to develop new products and create new jobs. There can be little prospect of raising the sort of sums needed from friends and people we know, and while banks may agree to provide short-term finance, they are generally unwilling to provide money on a permanent basis for long-term projects. So companies turn to public, inviting people to lend them money, or take a share in the business in exchange for a share in future profits. This they do by issuing stocks and shares in the business through The Stock Exchange.
By doing so they can put into circulation the savings of individuals and institution, both at home and overseas. When the saver needs his money back, he does not have to go to the company with whom he originally placed it. Instead, he sells his shares through a stockbroker to some other saver who is seeking to invest his money.
Many of the services needed both by industry and by each of us are provided by the Government or by local authorities. Without hospitals, roads, electricity, telephones, railways, this country could not function. All these require continuous spending on new equipment and new development if they are to serve us properly, requiring more money than is raised through taxes alone. The government, local authorities, and nationalized industries therefore frequently needed to borrow money to finance major capital spending, and they, too, come to The Stock Exchange.
There is hardly a man or woman in this country whose job or whose standard of living does not depend on the ability of his or her employers to raise money to finance new development. In one way or another this new money must come from the savings of the country. The Stock Exchange exists to provide a channel through which these savings can reach those who need finance. [br] The money which enables these companies to go ahead with their projects is ______.
选项
A、repaid to its original owners as soon as possible
B、raised by the selling of shares in the companies
C、exchanged for part ownership in The Stock Exchange
D、invested in different companies on The Stock Exchange
答案
B
解析
转载请注明原文地址:https://tihaiku.com/zcyy/3457858.html
相关试题推荐
WhySmallCompaniesWillWininThisEconomyIjustheardastor
WhySmallCompaniesWillWininThisEconomyIjustheardastor
WhySmallCompaniesWillWininThisEconomyIjustheardastor
WhySmallCompaniesWillWininThisEconomyIjustheardastor
WhySmallCompaniesWillWininThisEconomyIjustheardastor
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
随机试题
[originaltext]Ifyouaresomeonewhotendstofocusonthenegative,thinki
MichaelLewis,theauthorofLiar’sPoker,istheidealwritertoanalyzet
[originaltext]W:EnglishLanguageCenter.HowmayIhelpyou?M:Yes.I’mcalli
已知某企业生产的商品价格为10元,平均成本11元,平均可变成本8元,则该企业在短
炼制蜂蜜时,老蜜的相对密度为A.1.30 B.1.25 C.1.40 D.
进行混凝土抗冻性试验的冷冻设备,要求其冷、热箱内各部分的温差不能超过3.3℃。
下列监测信用风险指标的计算方法,正确的是()。 A.Ⅰ.Ⅲ.Ⅳ B.Ⅰ.
共用题干 某上市公司已上市5年,至2009年12月31日,公司的总资产已达15
清算与交收是整个证券交易过程中必不可少的两个重要环节。()
邮政管制是指邮政监管机构通过法律手段、行政手段和()手段等,制定相应的政策、法
最新回复
(
0
)