2. 外语
  3. Let’s say that a new corporation is created and in its IPO(首次公开上市)it raises $ 20 million by selling one million shares for $ 20

Let’s say that a new corporation is created and in its IPO(首次公开上市)it raises $ 20 million by selling one million shares for $ 20

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问题     Let’s say that a new corporation is created and in its IPO(首次公开上市)it raises $ 20 million by selling one million shares for $ 20 a share. The corporation buys its equipment and hires its employees with that money. In the first year, when all the income and expenses are added up, the company makes a profit of $ 1 million. The board of direction of the company can decide to do a number of things with that $ 1 million.
    It could put it in the bank and save it for a rainy day. It could decide to give all of the profits to its shareholders(股东). It could use the money to buy more equipment and hire more employees to expand the company. It could pick some combination of these three options.
    If a company traditionally pays out most of its shareholders, it is generally called an income stock. The shareholders get income from the company’s profits. If the company puts most of the money back into the business, it is called a growth stock. The company is trying to grow larger by increasing the amount of equipment and the number of people who run it.
Where does the new corporation spend the money it gains from the IPO?
选项 A、On research and investigation.
B、On equipment and research.
C、In purchasing equipment and hiring employees.
D、In investing in scientific research.
答案C
解析 根据第一段第二句，公司将用首次公开上市后的盈利购买设备和招募员工。C)中的信息与原文完全对应，由此可以确定C)为本题的答案。
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