单项选择题

听力原文： A good way to see the USA is by car. Americans love their automobiles and in the past fifty years they have developed a vast network of roads and freeways to help them reach their destinations.
As few visitors have their own cars, renting one is the next best thing. You will need a valid driver's license and either international credit cards, or a deposit.
You should start out with a working knowledge of the roaD.Regulations vary from state to state and this can be very confusing to a newcomer. For example, in some states it is legal to turn right at a red light if there is no approaching traffic, while in other states you will be fined for this action. Throughout the country it is forbidden to pass a school bus when it has stopped to let off children.
The size of the country may startle you at first and you may be surprised at the spectacular physical beauty. When the first pioneers began to expand west into the wildness, the natural resources of the land seemed inexhaustiblE.Nearly 1,000 million acres of land was covered by virgin forest. Much of this was burnt off for farmland and it soon became apparent that the government would have to take action or the natural beauty of the land would be lost forever.
(33)
A.A driver's licensE.
B.A passport.
C.An international credit carD.
D.A deposit.

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B.A
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单项选择题

Read the article below about how to read annual report and the questions on the opposite pagE.For each question 13-18, mark one letter (A, B, C or D) on your Answer Sheet for the answer you choosE.How to read annual reportsFirst, turn back to the report of the certified public accountant. This third-party auditor will tell you fight off the bat if Galaxy's report conforms with 'generally accepted accounting principles'. Then go to the footnotes. Check to see whether earnings are up or down. The footnotes often tell the whole story.Then turn to the letter from the chairman, Usually addressed 'to our shareholders,' it's up front -- and should be in more ways than onE.The chairman's tone reflects the personality, the well- being of the company. In this letter, the chairman should tell you how the company fared this year. But more important, the letter should tell you why. Keep an eye out for sentences that start with 'Except for...' and 'Despite thE...' They're clues to problems. On the positive side, a chairman's letter should give you insights into the company's future and its stance on economic or political trends that may affect it.Now begin digging into the numbers!One source is the balance sheet. It is a snapshot of how the company stands at a single point in timE.On the top are assets -- everything the company owns. Things that can quickly be turned into cash are current assets. On the bottom are liabilities -- everything the company owes. Current liabilities are the debts due in one year, which are paid out of current assets. The difference between current assets and current liabilities is working capital, a key figure to watch from one annual report to another. If working capital shrinks, it could mean trouble, one possibility: the company may not be able to keep dividends growing rapidly. Owners' equity is the difference between total assets and liabilities. It is the presumed dollar value of what the owners or shareholders own. You want it to grow.The second basic source of numbers is the income statement. It shows how much money Galaxy made or lost over the year. Most people look at one figure first. It's in the income statement at the bottom: earnings per sharE.Watch out. It can fool you. Galaxy's management could boost earnings by selling off a plant. Or by cutting the budget for research and advertising. The number you .should look at first in the income statement is net sales. Ask yourself: are sales going up at a faster rate than the last time around? When sales increases start to slow, the company may be in troublE.Have sales gone down because the company is selling off a losing business? If so, profits may be soaring.Another important thing to study is the company's debt. Turn to the balance, and divide long-term liabilities by owners' equity. That's the debt-to- equity ratio. A high ratio means the company borrows a lot of money to spark its growth. That's okay -- if sales grow too, and d there's enough cash on hand to meet the payments. A company doing well on borrowed money can earn big profits for its shareholders. But if sales fall, watch out. The whole enterprise may slowly sink. Some companies can handle high ratios; others can't.Finally, you have to comparE.Is the company's debt-to-equity ratio better or worse than it used to be? Better or worse than the industry norms? In company-watching, comparisons are all. They tell you if management is staying on top of things.According to the writer, the most important element of the chairman's letter isA.the expressions useD.B.the explanations given by the chairman.C.the performance of the company during the year.D.the company's future described by the chairman.

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单项选择题

Read the letter below about the company.Choose the best word to fill each gap from A, B, C or D on the opposite pagE.For each question 19-33, mark one letter (A, B, C or D) on your Answer Sheet.Dear Shareholders,2001 was a challenging but successful year for our company. We were (19) by one of the most brutal global economies in decades, as well as by the (20) of the tragedy of September 11. But our people (21) remarkably to these challenges. Thanks to the continuous upgrading, (22) and expansion of our model range, we were able to increase our share of a generally declining world automotive market from 13.1% to 13.5%. Sales (23) increased by 6.5% to 88.5 billion. The profit before tax of 4.4 billion increased by a disproportionately high amount, (24) the previous year's figure by 18.6%.In 2001 we (25) eight new models and introduced numerous new engine (26) and equipment details. We will continue to expand global market (27) in the coming months and add to our model range with products.In order to (28) the competitiveness of our company, in the next five years, we plan to Invest 31.2 billion in (29) assets in the Automotive Division. The average investment ratio over the next five years will be reduced from 8.1% to 6.7%, which is at the levels of oar competitors.With our (30) brand and product portfolio, our skilled and (31) workforce, our commercial strength and our focus on (32) business, we expect to make further market sham gains for the coming year, while keeping oar competitive position strong.We therefore ask you once again to place your (33) in us as you have in the past.Yours sincerely,J. O'NeilChairman(19)A.afflictedB.facedC.testedD.threatened

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