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20
UNIT
2
Financial statements and ratios
Use words from the descriptions above to complete the table. The first one is done for you.
VERB
NOUN
to predict
prediction
to ________________ 1
payment
to ________________ 2
comparison
to ________________ 3
calculation
to expect
________________ 4
to ________________ 5
indication
to ________________ 6
expansion
to perform
________________ 7
Now use verbs or nouns from above to complete the sentences. You may need to change the form.
a The figures are a little different to what we were __________________ .
b The problems in the Middle East have made it really difficult to __________________ next year’s
turnover.
c I think there are some mistakes in the __________________ .
d The fund __________________ much better last year. This year has been very disappointing.
e The __________________ into Eastern Europe looks good.
f We need to make sure that our customers __________________ us on time.
Here are some phrases the accountant used during the meeting in exercise 7. Can you fill in the
missing words?
1 Norma has asked me to go ________________ some of the ratios I used in the report.
2 Everyone ________________ it?
3 Before you ________________ …
4 Is ________________ clear?
5 I was ________________ coming to that.
6 OK, if there are no ________________ , I’d like to …
Now listen to check your answers.
Look at the financial statements of the company at the start of the unit, and discuss with your
partner whether you have enough information to calculate the working capital and inventory
turnover ratios. If you need more details, write an email to your contact in the company and
request the information you need.
questions
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just
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that
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got
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over
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ask
9
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11
8
AUDIO