1. TASK: Insert the appropriate word in the text below:
comprised - converting - efficient
few - fund - generate - make
measure - relative - vary
This is an indicator of how profitable a company is _____________ to its total assets. ROA gives an idea as to how _____________ management is at using its assets to _____________ earnings.
ROA tells you what earnings were generated from invested capital (assets). ROA for public companies can _____________ substantially and will be highly dependent on the industry. This is why when using ROA as a comparative _____________, it is best to compare it against a company's previous ROA numbers or the ROA of a similar company.
The assets of the company are _____________ of both debt and equity. Both of these types of financing are used to _____________ the operations of the company. The ROA figure gives investors an idea of how effectively the company is _____________ the money it has to invest into net income. The higher the ROA number, the better, because the company is earning more money on less investment. Anybody can _____________ a profit by throwing a ton of money at a problem, but very _____________ managers excel at making large profits with little investment.
2. CHECK YOUR SPEAKING
|
relative |
[ʹrelətıv] |
относительно |
|
efficient |
[ıʹfıʃ(ə)nt] |
эффективный |
|
generate |
[ʹdʒenər(e)ıt] |
генерировать, создавать |
|
vary |
[ʹve(ə)rı] |
варьироваться |
|
measure |
[ʹmeʒə] |
мера, измеритель |
|
comprise |
[kəmʹpraızd] |
состоять |
|
fund |
[fʌnd] |
финансировать |
|
convert |
[ʹkɒnvɜ:tin] |
конвертировать |
|
make a profit |
[meık] |
получать прибыль |
|
few |
[fju:] |
совсем немногие |
3. SEE CORRECT ANSWER
This is an indicator of how profitable a company is relative to its total assets. ROA gives an idea as to how efficient management is at using its assets to generate earnings.
ROA tells you what earnings were generated from invested capital (assets). ROA for public companies can vary substantially and will be highly dependent on the industry. This is why when using ROA as a comparative measure, it is best to compare it against a company's previous ROA numbers or the ROA of a similar company.
The assets of the company are comprised of both debt and equity. Both of these types of financing are used to fund the operations of the company. The ROA figure gives investors an idea of how effectively the company is converting the money it has to invest into net income. The higher the ROA number, the better, because the company is earning more money on less investment. Anybody can make a profit by throwing a ton of money at a problem, but very few managers excel at making large profits with little investment.
Цей та багато інших цікавих матеріалів Ви знайдете в
підручнику “Practical Financial English”
Докладніше про книгу та її замовлення див. тут >>>
Переглянути нову термінологію і пройти інші тести можна тут >>>