2014年职称英语考试即将到来,小编为广大考生搜集了职称英语考试补全短文考前练习题,祝考生们备考顺利。
What is a Profit
Gross profit is the difference between what a business firm sells its product for and what it costs to produce that product. The merchant buys $200,000 worth of merchandise during the year and sells it for $270,000. His gross profit is $70,000. The percentage difference between his cost and the selling price is 35 percent, and he calls this markup.
Entrepreneurship is directly responsible for production. The business person (entrepreneur) takes a cue from consumers in deciding what they want - or, in the case of a new product, __1__.
Profit means different things to different people. According to some public opinion polls, many people are not sure what it is, but they are sure __2__. Workers may look at profit as an unfairly large payment to the entrepreneur that deprives them of a higher wage. The business person thinks of profit __3__. During negotiations before the settlement of the second baseball strike in August, 1985, the Players‘ Association claimed the owners had made profits of $91 million, an accounting firm said owner profits were $43 million, and the owners insisted they had lost $9 million. The truth was that all three were correct. The disparity in the figures was due to the fact that each group was defining profit differently. Let us now see if we can develop a more exact definition of what profit is.
Net profit is __4__——rent,wages,and interest-and setting aside money to allow for the loss due to depreciation (wearing out) of capital. Our merchant has to subtract from his gross profit his payments for rent ($6,000), wages ($20,000), interest on money borrowed ($1,000), repairs and upkeep ($1,000), taxes ($1,000), electricity and other expenses $1,000. Expenses for operating the business come to $30,000. Gross profit is $70,000, and net profit is $40,000.
Economists have a narrower definition of what constitutes profit. They are concerned with payment for all the resources that have gone into production, __5__, like those listed above, or from inside the business.
Exercise:
A what profit really means
B it is too large and represents too much of the consumer‘s dollar
C whether they come from outside the business
D as the difference between total revenue and total cost
E what the business person has left after paying expenses
F what they might want
参考答案:DBECA
1、凡本网注明“来源:医学教育网”的所有作品,版权均属医学教育网所有,未经本网授权不得转载、链接、转贴或以其他方式使用;已经本网授权的,应在授权范围内使用,且必须注明“来源:医学教育网”。违反上述声明者,本网将追究其法律责任。
2、本网部分资料为网上搜集转载,均尽力标明作者和出处。对于本网刊载作品涉及版权等问题的,请作者与本网站联系,本网站核实确认后会尽快予以处理。
本网转载之作品,并不意味着认同该作品的观点或真实性。如其他媒体、网站或个人转载使用,请与著作权人联系,并自负法律责任。
3、本网站欢迎积极投稿
4、联系方式:
编辑信箱:mededit@cdeledu.com
电话:010-82311666