理工类英语短文练习及答案
本文已影响1.99W人
本文已影响1.99W人
What is a Profit
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.
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.
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
Key: DBECA
英语短文改错的口诀
英文祝福语句简短唯美
孩子英语口语学习方法
保护水资源英语短文
母亲节英语小短文
小学生常识大全及答案
安全知识考试题及答案
英语短文改错口诀
韭菜盒子英语怎么说有答案了 韭菜盒子是哪里的特色美食
语文文言文阅读答题技巧有哪些
My Father英语小短文
以雪为题的英语短文
中英双语短文阅读
改写句子大全及答案
3-6岁儿童谜语大全及答案100个(各类谜语汇总)
英语小短文3篇
高中英语短文改错的口诀
散装英语什么梗 散装英语的含义及出处介绍
王者荣耀夫子的试练最新答案 夫子的试练答案全汇总
圣诞节英语短文
爱情励志语录经典短句英文
脑筋急转弯及答案
孩子几岁开始学英语最好 孩子该怎样学习英语
七年级语文散文阅读答题技巧
阿西莫夫短文两篇课后练习
过去完成时练习及答案 以英语为例
句子大全及答案四年级
英文唯美语录短句
保护自然资源的英语短文
我的语文老师英语作文
描写规则的英语小短文
简述水的中英双语短文
英语演讲的小短文三分钟