[单项选择]ff the payout ratio increases, the P/E multiple will:（）
A. increase, if we assume that the growth rate remains constant.
B. always increase.
C. decrease, if we assume that the growth rate remains constant.

[单项选择]Suppose a stock has a dividend payout ratio of 40 percent, a required rate of return of 15 percent and an expected growth rate of dividends of 10 percent. What is the P/E ratio of the stock（）
A. 2.667.
B. 1.5.
C. 8.0.

[单项选择]Assume that a firm has an expected dividend payout ratio of 20%, a required rate of return of 9% , and an expected dividend growth of 5%. What is the firm's estimated price-to-earnings (P/E) ratio（）
A. 5.00.
B. 10.00.
C. 20.00.

[单项选择]下列哪种组织成分或器官在T₁WI及T₂WI上均为高信号
A. 空气
B. 肝
C. 脂肪
D. 水
E. 钙化

[单项选择]Wi-Fi联盟制定的安全认证方案WPA（Wi-Fi Protected Access）是（）标准的子集。
A. IEEE 802.11
B. IEEE 802.11a
C. IEEE 802.11b
D. IEEE 802.11i

[单项选择]The main difference between the current ratio and the quick ratio is that the quick ratio excludes :（）
A. cost of goods sold.
B. inventory.
C. sales.

[单项选择]Wi-Fi联盟制定的安全认证方案WPA(Wi-Fi Protected Access)是______标准的子集。
A. IEEE 802.11
B. IEEE 802.11a
C. IEEE 802.11b
D. IEEE 802.11i

[单项选择]Charity officials are concerned that volunteers will not be able to distribute ______ water to the victims of the earthquake.
A. overall
B. enough
C. all
D. full

[单项选择]

The new global satellite communications systems will offer three kinds of service, which may overlap in many different kinds of receivers.
VOICE. Satellite telephones will be able to make calls from anywhere on the earth to anywhere else. That could make them especially useful to remote, third world villages (some of which already use stationary satellite telephones), explorers and disaster-relief teams. Today’s mobile telephones depend on earth-bound transmitters, whose technical standards vary from country to country. So business travelers cannot use their mobile phones on international trips Satellite telephones would make that possible.
MESSAGING. Satellite massagers have the same global coverage as satellite telephones, but carry text alone, which could be useful for those with laptop computers. Equipped with a small screen like today’s papers, satellite messages will also receive short messages.
TRACKING. Voice and messaging systems will
A. They are widely used.
B. They are very helpful.
C. They are costly.
D. Both A andB.

[单项选择]What distinguishes morphology from syntax deals with the rules governing the combination of
A. words into phrases and sentences.
B. sounds into patterns and words.
C. meanings into passages and system.
D. words into branches and language.

[单项选择]Because excessively hunting has depleted many wildlife species, game preserves are being established.
A. excessive hunting
B. hunting excessively
C. hunting was excessive
D. they hunted excessively

[单项选择]Innovative approaches to manufacturing, coupled with the tremendous size of the domestic market, led to the emergence of the United States as an industrial giant（）.
A. followed by
B. deriving from
C. combined with
D. mixed with

[单项选择]

The ratio between payments into and out of a country is known as the country’s balance of payments. Besides the value of imports and exports (the balance of trade), the balance of payments includes private foreign loans (and interest); loans by governments, central banks, and international organizations; and movements of gold or reserve currencies.
An international medium of exchange is required for international trade. From the late 1800s until World War I, most countries operated on the gold standard. Gold coins of standard specifications circulated freely between countries, making gold in effect an international currency. This system provided an automatic correction for some trade imbalances, but it had little liquidity (the money supply could not expand as rapidly as required by expanding trade), and it was vulnerable to short-term changes in the gold supply.
After the financial instability of the 1930s, the international monetary system was rebuilt foll
A. tying the value of world currencies to the value of gold.
B. greater centralized control of world trade.
C. substituting several different monetary standards for a single unified standard.
D. increasingly stable currencies.