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[主观题]

A Chinese company has borrowed a USD500,000 loan from an overseas bank. Interest on the lo

an is accrued and paid annually at the rate of 12% per annum. The relevant business tax rate is 5% and neither surcharges nor treaty relief apply.

What is the amount of enterprise income tax (EIT) the Chinese borrower needs to withhold from the annual interest paid to the overseas bank?

A.USD6,000

B.USD15,000

C.USD5,700

D.USD14,250

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更多“A Chinese company has borrowed a USD500,000 loan from an overseas bank. Interest on the lo”相关的问题

第1题

The Joint venture company will be the dedicated wholesaler of Chinese textiles in the Australian ____.

A.marketing

B.marketed

C.market

D.market for

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第2题

Co X, a US company, owned 30% of the equity of a Chinese company, Co A. Co X sold all of t
he equity in Co A at a profit to a UK company, Co Y.

Which of the following statements are correct?

(1) Co X is the taxpayer for China enterprise income tax (EIT)

(2) Co Y is the withholding agent for China EIT

(3) Co A is the withholding agent for China EIT

(4) The EIT should be filed at the place where Co

A.is located A 1 and 2

B.1, 3 and 4

C.1 and 4 only

D.3 and 4 only

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第3题

When we conduct foreign trade, the importance of understanding the language of a country c
annot be underestimated. The successful marketer must achieve export communication which requires a thorough understanding of the language as well as the ability to speak it. Those who deal with advertising should be concerned less with obvious differences between languages and more with the exact meanings expressed. A dictionary translation is not the same as an idiomatic interpretation, and seldom will the dictionary translation meet the needs. A national producer of soft drinks had the company's brand name impressed in Chinese characters which were phonetically (按照发地) accurate. It was discovered later, however, that the translation's literal meaning was "female horse fattened with wax," hardly the image the company sought to describe. So carelessly translated advertising statements not only lose their intended meaning but can suggest something very different including something offensive or ridiculous, Sometimes, what was translated was not an image the companies had in mind for their products. Many people believe that to fully appreciate the true meaning of a language it is necessary to live with the language for years. Whether or not this is the case, foreign marketers should never take it for granted that they are affectively communicating in another language.Which of the following is the best topic for the passage?A.Idiomatic Meanings of Languages.B.Language Problems in Foreign Trade.C.Translation Failures in Foreign Trade,D.Culture Difference between Languages.

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第4题

(a) Mr Xu, a domestic Chinese, is a designer. He is considering the following four options

(a) Mr Xu, a domestic Chinese, is a designer. He is considering the following four options:

Option A: Joining Delta Ltd as a manager with a monthly salary of RMB40,000 and an annual bonus of RMB100,000 payable in December each year.

Option B: Providing services to Delta Ltd as a consultant for a consultancy fee of RMB50,000 per month.

Option C: Setting up his own sole proprietorship. He will pay himself a monthly salary of RMB20,000 from this sole proprietorship. For 2014 the net profit of the sole proprietorship after charging Mr Xu’s salary is expected to be RMB420,000.

Option D: Setting up a limited company, Xupa Ltd. He will pay himself a monthly salary of RMB20,000 from Xupa Ltd. For 2014 the net profit of the company after charging Mr Xu’s salary is expected to be RMB420,000. Xupa Ltd will pay enterprise income tax at the rate of 25% and distribute all of its profit after tax to its shareholder, Mr Xu, as a dividend.

Required:

Calculate the individual income tax (IIT) payable by Mr Xu for 2014 under each of the four options.

Note: Ignore value added tax and business tax. (10 marks)

(b) State, giving reasons, whether the following persons will be subject to individual income tax in China on their worldwide income in 2014:

(1) Ms Wang has her household in Xiamen and holds a China identity card. She has been studying in Australia since 2010 and has not returned to China for the last six years, including in 2014.

(2) Mr Beth is a US citizen, who has lived in China working for a non-government organisation since 2010. He has not travelled outside China for the last six years, including in 2014.

(3) Ms Ruth is an Australian citizen. She travelled to China and stayed in China for a total of 250 days in 2014. (5 marks)

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第5题

The statement of financial position of BKB Co provides the following information:BKB Co ha

The statement of financial position of BKB Co provides the following information:

The statement of financial position of BKB Co prov

BKB Co has an equity beta of 1·2 and the ex-dividend market value of the company’s equity is $125 million. The ex-interest market value of the convertible bonds is $21 million and the ex-dividend market value of the preference shares is $6·25 million.

The convertible bonds of BKB Co have a conversion ratio of 19 ordinary shares per bond. The conversion date and redemption date are both on the same date in five years’ time. The current ordinary share price of BKB Co is expected to increase by 4% per year for the foreseeable future.

The overdraft has a variable interest rate which is currently 6% per year and BKB Co expects this to increase in the near future. The overdraft has not changed in size over the last financial year, although one year ago the overdraft interest rate was 4% per year. The company’s bank will not allow the overdraft to increase from its current level.

The equity risk premium is 5% per year and the risk-free rate of return is 4% per year. BKB Co pays profit tax at an annual rate of 30% per year.

Required:

(a) Calculate the market value after-tax weighted average cost of capital of BKB Co, explaining clearly any assumptions you make. (12 marks)

(b) Discuss why market value weighted average cost of capital is preferred to book value weighted average cost of capital when making investment decisions. (4 marks)

(c) Comment on the interest rate risk faced by BKB Co and discuss briefly how this risk can be managed. (5 marks)

(d) Discuss the attractions to a company of convertible debt compared to a bank loan of a similar maturity as a source of finance. (4 marks)

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第6题

Communication Failure

The meaning of “communication” goes a lot deeper than people often think. Communication is about conceiving, sending, receiving, and interpreting messages as well as confirming reception of these messages. A failure at any point in this chain can result in ineffective communication.

Ineffective communication can be disastrous. There is a famous story of a British Army Commander who sent the message “Send reinforcements, we're going to advance.” back to his Command Center, through a long chain of subordinates. When the message finally reached the Command Center, it had “mutated” to become -- “Send three and four-pence, we're going to a dance.” The reinforcements never arrived.

You can demonstrate this same principle, albeit on a less dramatic scale, by trying to play Chinese Whispers with more than 20 people. It is highly unlikely the same message you started with will be the one you end with.

In a business, there are three main types of communication failure. Each has its own indicative signs.

•The first type is known as allocative failure. This occurs when a firm is not gathering enough intelligence about its market or (most often), the information is not reaching the right points. The firm will not be allocating resources in step with the shifts in demand. If demand is rising but the firm is suffering from allocative communication failure, then stocks will fall and there will be understaffing. If the inverse happens, there will be a surplus of stocks and overstaffing.

•The second type is executive failure, where communication to trigger specific events/actions is either late, lacking or in error. The symptoms of this are a general loss of direction in the company or departments, a loss of co-ordination and an increase in complaints from customers as things happen late or not at all.

•The final type is human failure. This occurs when the general culture of a business or the relationships between particular individuals or departments do not foster effective communication. This leads to alienated staff, an increase in staff turnover, an increase in absenteeism and general frustration among staff. Creativity, especially that which takes place across departmental boundaries, is likely to suffer hugely as team synergy slips.

操作提示:通过题目后的下拉选项框选择正确答案。

1.Confirming reception of the sent messages means.

A. the messages are sent to right receivers

B. the messages are correctly understood

C. the messages are correctly understood by right receivers

2. In the famous British Army Commander story, which step probably did NOT go wrong in the communication chain?

A. Conceiving.

B. Sending.

C. Receiving.

3.What is Chinese whispers?

A. Who whispers in Chinese.

B. A game to pass message around in a whisper.

C. Chinese people who don't normally talk very loudly.

4.Allocative failure does NOT happen when.

A. the right information goes to the right place

B. a company gathers false information

C. the correct information is not received by the right department or person

5.According to the passage, which of the following cases does NOT belong to human failure?

A. Decreasing creativity across departments.

B. Inadequate communication between departments.

C. Increasing customer complaints.

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第7题

The meaning of "communication" goes a lot deeper than people often think.Communication is about conceiving,sending,receiving,and interpreting messages as well as confirming reception of these messages.A failure at any point in this chain can result in ineffective communication.

Ineffective communication can be disastrous.There is a famous story of a British Army Commander who sent the message "Send reinforcements,we're going to advance." back to his Command Center,through a long chain of subordinates.When the message finally reached the Command Center,it had "mutated" to become -- "Send three and four-pence,we're going to a dance." The reinforcements never arrived.

You can demonstrate this same principle,albeit on a less dramatic scale,by trying to play Chinese Whispers with more than 20 people.It is highly unlikely the same message you started with will be the one you end with.

In a business,there are three main types of communication failure.Each has its own indicative signs.

•The first type is known as allocative failure.This occurs when a firm is not gathering enough intelligence about its market or (most often),the information is not reaching the right points.The firm will not be allocating resources in step with the shifts in demand.If demand is rising but the firm is suffering from allocative communication failure,then stocks will fall and there will be understaffing.If the inverse happens,there will be a surplus of stocks and overstaffing.

•The second type is executive failure,where communication to trigger specific events/actions is either late,lacking or in error.The symptoms of this are a general loss of direction in the company or departments,a loss of co-ordination and an increase in complaints from customers as things happen late or not at all.

•The final type is human failure.This occurs when the general culture of a business or the relationships between particular individuals or departments do not foster effective communication.This leads to alienated staff,an increase in staff turnover,an increase in absenteeism and general frustration among staff.Creativity,especially that which takes place across departmental boundaries,is likely to suffer hugely as team synergy slips.

1.Confirming reception of the sent messages means().

A.the messages are sent to right receivers

B.the messages are correctly understood

C.the messages are correctly understood by right receivers

2.In the famous British Army Commander story,which step probably did NOT go wrong in the communication chain?()

A.Conceiving.

B.Sending.

C.Receiving.

3.What is Chinese whispers?()

A.Who whispers in Chinese.

B.A game to pass message around in a whisper.

C.Chinese people who don't normally talk very loudly.

4.Allocative failure does NOT happen when().

A.the right information goes to the right place

B.a company gathers false information

C.the correct information is not received by the right department or person

5.According to the passage,which of the following cases does NOT belong to human failure?()

A.Decreasing creativity across departments.

B.Inadequate communication between departments.

C.Increasing customer complaints.

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第8题

第二节 短文理解1阅读下面短文,从[A](Right)、[B](Wrong)、[C](Doesn't Say)三个判断中选择一个正

第二节 短文理解1

阅读下面短文,从[A](Right)、[B](Wrong)、[C](Doesn't Say)三个判断中选择一个正确选项。

Etiquette(礼节) is important at a Chinese dinner party. Usually, the host(主人) should politely ask the guests to be seated first before he sits down. If there is a speech, people stop eating and drinking to listen. Every time a dish is brought out, the host asks the guests to try it first. Guests would not start eating the dish until the host asks them to. While eating, people should stop often to talk for a while. Eating all the time without stopping is not polite, and could be laughed at. Usually, people do not finish a dish. A finished dish would suggest that there is not enough of the dish to eat, which may make the host embarrassed(不好意思的), so people would not usually pick up the last piece off a plate. During a meal, the host asks the guests again and again to eat and drink more. Without this, some people may feel embarrassed about how much they eat. From time to time, people pick up food to give it to those sitting beside them. The host keeps the guests company all the way through the dinner. He would not finish until all the guests do so.

Etiquette at a Chinese dinner party in China is the same as that in western countries.

A.Right.

B.Wrong.

C.Doesn't Say.

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第9题

SECTION ACONVERSATIONSDirections: In this section you will hear several conversations. Lis

SECTION A CONVERSATIONS

Directions: In this section you will hear several conversations. Listen to the conversations carefully and then answer the questions that follow.

听力原文:W: How can I help you?

M: I'd like to return this sweater for a refund. I bought it a week ago.

W: Well, what seems to be the problem?

M: Isn't it obvious by just looking at it? The first time I washed and dried it, the thing shrank at least five sizes.

W: I see what you mean, but did you follow the washing instructions? I think it says here ... right here on the label to hand wash it and then to dry it on low heat.

M: How was I supposed to know that? The label is written in Chinese! And something else i The stitching is coming undone and the color faded from a nice dark blue to a seaweed green.

W: Listen, sir. What I can do is allow you to exchange the sweater for another one.

M: I don't want to exchange it for anything! I just want my money back!

W: Well, I can give you credit on your next purchase, and since the item you purchased was on clearance, we can't give you a refund. Anyway, you can only return items with a receipt within six days, and unfortunately, that was yesterday in your case.

M: But, your store was closed yesterday because of the national holiday. Listen, I give up. Your store policies are completely unreasonable, and how do you expect people to shop here?

W: You did... Ha, ha...

M: Take your sweater. You should open up a pet store and sell it as a dog sweater.

What is among the reasons why the man wants to return the item?

A.It is the wrong size.

B.The fabric is coming apart.

C.It is stained.

D.It has no label.

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第10题

Directions:Read the following passage and the statements that follow. Choose the best answer for each statement from the four choices marked A, B,C and D.

Directions:Read the following passage and the statements that follow. Choose the best answer for each statement from the four choices marked A, B,C and D.

The Internet is an exciting tool that puts vast information at your fingertips. With a click of a mouse, it lets you buy an airline ticket, book a hotel, send flowers to a friend, or purchase your favorite stock.

Security on the Internet

Shopping online offers lots of benefits that you won’t find while shopping in a store or by mail. The Internet is always open—seven days a week, 24 hours a day—and bargains can be numerous online. Shopping on the Internet is no less safe than shopping in a store or by mail. Keep the following tips in mind to help ensure that your online shopping experience is a safe one.

EASY AS ABC

When exploring online, think ABC to remember the privacy and security questions you should ask about a company.

About me. What information does the company collect from me and is it secure?

Benefits. How does the company use that information and what is the benefit to me?

Choices. What choices do I have about the company’s use of information about me? Can I choose not to have the information used for other purposes, and how?

1.The real meaning behind “with the click of a mouse” may be ().

A.with the use of computer and internet

B.just the action of clicking the mouse

C.with the information

D.none of the above

2.Which of the following is the most efficient way to reduce age related memory loss()?

A.Eating more meat and doing more exercises.

B.Eating right foods and getting sufficient amounts of sleep

C.Taking more medicine and doing more exercises

D.Taking more herbs and eating more food

3.Most of his savings()in the Xin Hua Bank.

A.has been kept

B.is being kept

C.have kept

D.have been kept

4.By “permissive period in education” the author means a time().

A.when children are allowed to do what they wish to

B.when everything can be taught at school

C.when every child can be educated

D.when children are permitted to receive education

5.Jogging is the best way for stretching and relaxation and helps to reduce many diseases().

A.True

B.False

C.Not Mentioned

6.What is this passage mainly about()?

A.Shopping online safely

B.Differences between shopping online and in the store

C.Internet is convenient

D.Benefits of shopping online

7.We learn from the passage that the author’s mother used to lay emphasis on().

A.learning Latin

B.natural development

C.discipline

D.education at school

8. What’s the main idea of the text()?

A.Chinese fashion designer got start in the industry two decades ago

B.China has made a great difference in latest fashion

C.A small number of established Chinese designers have been in business for less than 10 years

D.The Chinese fashion world is constantly growing

9. The country had little interaction with the outside world, which meant all of the following but().

A.no fashion magazines

B.no designer labels

C.no events like China Fashion Week

D.no fashion designers

10.Jim is the only one of the staff members who()to be promoted.

A.are

B.have been

C.is

D.has been

11.The main idea of the passage is that().

A.parents should leave their children alone

B.kids should have more activities at school

C.it’s time to be more strict with our kids

D.parents should always set a good example to their kids

12.Which of the following is NOT true according to Paragraph 2()?

A.It is shown that one area of the brain known as the hippocampus is important in recalling information

B.The process of creating memories has been already understood and it involves three main steps.

C.Scientists believed that neurons first transform. the sensory stimuli into images in our immediate memory

D.Scientists don’t know exactly how the information is transferred from one area of the brain to another

13.Outdoor learning helps students learn in science and arts().

A.Right

B.Wrong

C.Doesn’t say

14.All that can be done().

A.has done

B.has been done

C.have done

D.have been done

15. What should we do in order to communicate with the foreigners in a proper way()?

A.Shake hands with them whenever you meet the foreigners

B.Be familiar with their culture and use it in a correct way

C.Say “Where are you going?” instead of “Hi, have you had your meal?” when meeting on the street

D.Say nothing to them if we meet them

16.By paragraph 2 we can see Istanbul is().

A.a leisure city

B.a busy city

C.a developed city

D.a developing city

17. According to the text, the following sentences are true except().

A.Chinese designers are looking to foreign countries to find retail success

B.China had little interaction with the outside world two decades ago

C.China has gone from a fashion black hole to an industry hub in twenty years

D.the future of Chinese fashion is bright

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