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甲公司是从事石油化工及投资的大型企业。甲公司下属子公司乙公司于2007年在中国香港地区成功发行股票并上市。2010年9月乙公司购入总部位于英国的丙公司4.2%的股份。 经过与丙公司的接触,乙公司认为,全面收购丙公司符合其长远发展目标。丙公司在尼日利亚的全资子公司是其营业收入和净利润的主要来源,经营石油开采、管道运输、加工、销售等石油化工相关的业务,拥有的油气储量占尼日利亚已探明油气储量的1/5。丙公司于2009年年初在伊拉克以15亿英镑的价格购买了新的油田,目前正在进行深入勘探。对于丙公司购买的伊拉克油田,很多股东对该油田储量的预测并不乐观,导致丙公司的股票价格自2009年开始一直低于每股15英镑。 2011年4月7日,乙公司认为收购丙公司的时机已经成熟,因而向丙公司的股东发出收购要约,拟以每股18英镑的价格收购丙公司其他股东持有的全部股份,该收购价格比报价前20个交易日丙公司股票的平均收盘价格高出25%。在乙公司发布要约收购丙公司消息的当天,丙公司股票价格大幅上涨,报收于每股19英镑。并且,英国政府相关监管部门表示,将密切关注乙公司收购丙公司事宜。 要求: 简要分析乙公司收购丙公司应当特别考虑的当前经济环境因素。

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垄断竞争仅与完全竞争的______条件不同。

A. 市场上有足够多的生产者和消费者
B. 资源完全自由流动
C. 市场上的产品是同质的
D. 市场信息是完全畅通的

在现金流量图上,横坐标轴“O”点表示的只能是资金运动的时间始点,而不是当前时点。

A. 对
B. 错

The clean-energy business is turning into the next big investment boom, in which risks are lightly ignored. Until recently, recalls Charlie Gay, a 30-year veteran of the solar-power business, venture capitalists were far too busy catering to captains of the information-technology industry to waste time on "hippy-dippy tree-huggers" like himself. But now the tree-huggers are in the ascendant and theIT barons are busy investing in clean-energy technology. Investors are falling over themselves to finance start-ups in clean technology, especially in energy. Venture Business Research reckons that investment in the field by venture capitalists and private-equity firms has quadrupled in the past two years, from some $500m in 2004 to almost $2 billion so far this year. The share of venture capital going into clean energy is rising rapidly. Clean-energy fever is being fuelled by three things: high oil prices, fears over energy security and a growing concern about global warming. The provision of energy, the industry"s cheerleaders say, will change radically over the coming decades. Polluting coal- and gas-fired power stations will give way to cleaner alternatives such as solar and wind; fuels derived from plants and waste will replace petrol and diesel; and small, local forms of electricity generation will replace big power stations feeding far-flung grids. Eventually, it is hoped, fuel cells running on hydrogen will take the place of the internal combustion engine which is available everywhere. It is a bold vision, but if it happens very slowly, or only to a limited extent, boosters argue that it will still prompt tremendous growth for firms in the business. Analysts confidently predict the clean-energy business will grow by 20-30% a year for a decade. Jef-feries, an investment bank that organized a recent conference on the industry in London, asked participants how soon solar power would become competitive with old-fashioned generation technologies: in 2010, 2015 or 2020. About three-quarters of those present, one visitor happily observed, were "cheque-writers". This "megatrend", the keynote speaker advocated, "may be the biggest job- and wealth-creation opportunity of the 21st century." Such exaggeration might remind people of dotcom bubble. But clean-energy advocates insist growth is sustainable because of the likes of Mr. Schwarzenegger. The Governor is a hero in green circles because of his enthusiasm for environmental regulation. He easily won re-election partly because he seized on global warming as a concern and signed into law—America"s first wide-ranging scheme to cap greenhouse-gas emissions. The word "cheque-writers" (Para. 4) is closest in meaning to _____.

A. tycoons
B. donators
C. investors
D. celebrities

A few years back, many hospitals in America were embarrassed by revelations that some of their neediest patients, the uninsured, were being charged the most. These patients were getting slammed with the full list price for health care while those with insurance got negotiated discounts. The outcry prompted congressional hearings and state inquiries. All not-for-profit hospitals in Illinois haveadopted voluntary guidelines, set by the Illinois Hospital Association, to dole out free or discounted care. But Illinois attorney general Lisa Madigan says that"s not nearly enough. Madigan announced recently that most Illinois hospitals spend less than 1 percent on charitable care. She proposed that hospitals be required by law to spend at least 8 percent of their operating costs on charity: free health care, community clinics. This is a terrible idea. For starters—amazing as this may sound—Madigan hasn"t calculated how much this law would cost hospitals. No overall cost, nor the cost to any single hospital in the state. The Illinois Hospital Association says her bill would require 133 hospitals to spend $739 million more a year on charity care. That, the IHA says, would push 45 of those hospitals into the red, and 28 hospitals that already operate at a loss would be pushed closer to bankruptcy. Madigan disputes those figures. How did Madigan settle on the magic 8 percent She cites her office"s investigation of hospitals and a task force she convened. But the task force didn"t issue a report and may never do so. She all but acknowledges that her claim that Illinois hospitals provide a miserly 1 percent in charitable care isn"t the whole story. That figure excludes much of what hospitals absorb, including the gap between what they spend on Medicaid patients and what they receive for that care. The IHA argues convincingly that mandating a high percentage of revenues to be spent on free care ignores the reality that many hospitals operate in the red. Draining more money would weaken hospitals—and encourage cost-cutting in nursing care, equipment or other essentials. Why are we talking about charitable giving by hospitals, as opposed to muffler shops, fast-food restaurants or beauty salons Because most hospitals are tax-exempt by law: They don"t pay any federal, state or local taxes. In return, they"re required to provide services to the needy. But the law doesn"t say exactly how much. So they do have a charitable obligation. And some hospitals—even some not-for-profit hospitals-have hefty revenues. It"s useful to see how much they"re giving back to their communities. But the hospitals also have an obligation to stay solvent. No one profits when a hospital closes its doors. Madigan"s proposed mandate carries too much risk. The IHA cited several figures to indicate that_____.

A. Madigan"s bill was asking for too much from the hospitals in Illinois
B. the hospitals in Illinois were in bad financial situation
C. the hospitals in Illinois had already done well in charitable care
D. Madigan"s bill was not welcomed by the hospitals in Illinois

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