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This paper quantitates financial risk by constituting the model of measurement financial risk. And the samples are from the public companies'merger and acquisition from 2002 to 2005, this paper demonstrates perfectly the influence of financial risk of acquisition companies from different payment methods. The result of test analysis shows: in one side, the theory of risk-return is unfit in China (by being educed conclusions by other students: different payment methods bring different return, then the author detrusions different payment methods bringing different financial risk, and being tested direct proportion each other); in the other side, this paper answers different payment methods bringing different degree financial risk of acquisition companies: the smallest financial risk from cash payment method, the mean from commingle payment method, the biggest from stock payment method, which can supply reference in the choice of rational companies between payment methods and financial risk .
通过建立企业财务风险度量模型,将企业财务风险量化,并以中国上市公司2002年—2005年间的并购案中所采用的支付方式为样本,对我国上市公司并购中不同支付方式对并购方财务风险的影响做一个较系统、完善的实证检验,一方面从理论上验证了风险-收益理论的在我国的不具有适用性(通过对前人研究结论:不同支付方式带来不同收益,进而反推不同支付方式带来不同的财务风险,验证得出二者成正比关系);另一方面回答在我国目前市场条件下并购中的不同支付方式引起收购公司不同程度的财务风险,其中现金支付方式下给收购公司带来的财务风险最小;混合支付次之,股票支付方式下财务风险最大,能给企业在并购时选择支付方式与财务风险的最佳组合提供参考。
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In the 20th century, the emphasis in mathematics has shifted from local to global considerations, from lower dimensions to higher dimensions, from commutativity to non-commutativity,and from linearity to non-linearity.
20世纪数学的重点从局部转移到整体,从低维转移到高维,从交换转移到非交换,以及从线性转移到非线性。
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Without giving himself time to reconsider his decision, and, indeed, that he might not allow his thoughts to be distracted from his desperate resolution, he bent over the appalling shroud, opened it with the knife which Faria had made, drew the corpse from the sack, and bore it along the tunnel to his own chamber, laid it on his couch, tied around its head the rag he wore at night around his own, covered it with his counterpane, once again kissed the ice-cold brow, and tried vainly to close the resisting eyes, which glared horribly, turned the head towards the wall, so that the jailer might, when he brought the evening meal, believe that he was asleep, as was his frequent custom; entered the tunnel again, drew the bed against the wall, returned to the other cell, took from the hiding-place the needle and thread, flung off his rags, that they might feel only naked flesh beneath the coarse canvas, and getting inside the sack, placed himself in the posture in which the dead body had been laid, and sewed up the mouth of the sack from the inside.
他弯身凑到那个可拍的布袋面前,用法利亚制造的小刀将它割开,把尸体从口袋里拖出来,再把它背到自己的地牢里,把它放在自己的床上,把自己平常戴的破帽子戴在他头上,最后吻了一次那冰冷的额头,几次徒劳地试着合上仍然睁着的眼睛,把他的脸面向墙壁,这样,当狱卒送晚餐来的时候,会以为他已经睡着了,这也是常事,然后他又返回地道,把床拖过来靠住墙壁,回到那间牢房里从贮藏处拿出针线,脱掉他身上破烂的衣衫,以便使他们一摸就知道粗糙的口袋里的确是裸体的尸身,然后他钻进了口袋里,按尸体原来的位置躺下又从里面把袋口缝了起来。
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Liturgically and spiritually this semester, we move from repentance to reconciliation, from ashes to fire, from cross to resurrection, from life to death.
从礼仪和灵命塑造的历程,我们这个学期从惮悔到和好,从死灰到复燃,从被订十架到死里复活,从走过死亡到赢得生命。
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To meet the requirement of new period,the traditional role of facuty have to transform from the developer of brains to the culturist for students all ability;from the peddler of knowledge to the culturist of students creative;from the duplicator of talent to the teacher who teach students in accordance of their aptitude;from the culturist of professional to the culturist of generalist.
为此,大学教师的角色转换势在必行。基于时代背景和借鉴其他学者的教师角色理论,笔者认为我国的大学教师应由智力的开发者转变为全面发展人才的培养者;由知识的传递者转变为学生创新能力的培养者;由人才的塑造者转变为因材施教者;由专才培养者转变为通才培养者。
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In the pre-Qin period, a dayspring of Chinese historical civilization, Many elements of culture and civilization had been occurred from nothing to being, from small to big, from imperceptibility to intricacy, from original to mature.
在先秦这一中国历史文明的开端时期,有许多文化和文明因素都经历了从无到有、从小到大、从简单到复杂、从萌生到成熟的过程。
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It brings forward the translation of the administration function from controlling to serving, the translation of the administration institution from variety to simplification, thallus and network, the translation of the frame of the administration power from centralization to deconcentration, the translation of the administration decision from focus to democracy, the translation of the
在我国的行政决策体制中,存在着许多决策失误现象,给公众带来了巨大的利益损失,文章定义和分类了行政决策的失误,分析了公共决策失误根本来自与体制和制度的问题体现在包括决策权力的集中等方面,为了防止公共决策的失误,文章提出了借鉴国际先进经验,探索建立健全科学民主的决策体制和决策机制,完善政府决策的程序,进而完善我国政府决策体制。
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First, select four kinds of main risks source from bigly celebrate the main risk in region source, namely the flood, drought, sand-dust weather and petroleum pollution accident, etc. According to the different a request for to habitat, study this 19 kinds of landscapes ecosystem type of the Regional induce for 7 kinds of ecosystems system: Then the marsh of bulrush, lakes and reservoirs , salt alkali wasteland, prairie, island form wood, farmland, town. The difference is proceeded by characteristic according to each type ecosystem to the analysis of four kinds of main risks source, including the certain risk all rate, delimiting the space distribute, analyzing the risk strength to the receptor etc. At proceed the revelation the different from endanger to analyze the inside, this text borrows ecosystem index number that this index sign to reflect primarily habitat the ecosystem meaning of the type of habitat the different from position, with weak an index number to show the destructibility of the habitat, from but compute each ecosystem that is lost by ecosystem system an index number.
首先,从大庆地区主要的风险源中遴选出四种主要的风险源,即洪涝、干旱、沙尘天气和石油污染等;依据不同生物类群对生境的要求,将本研究区域的19种景观生态类型归纳为7种生态系统:即芦苇沼泽、湖泡库渠、盐碱荒地、草甸草原、岛状林、农田、城镇;对四种主要风险源的进行分析,包括确定风险概率,划定空间分布,对风险受体的作用强度分析等;在进行暴露和危害分析中,本文主要借生态指数这一指标来反映不同生境类型的生态意义和地位,以脆弱度指数来体现不同生境的易损性,从而计算出各受体生态系统的生态损失度指数;由于各主要风险物质对风险受体的作用强度是不同的,对形成区域性生态风险的作用大小也有差异,因此本文采用层次分析法对主要生态风险物质进行综合评价,并把判断矩阵排序权值的合理计算问题归为—非线性化问题,并提出用基于遗传算法(GA[5])的层次分析模型进行权重分析;进行风险表征,即综合前面两个阶段的信息,对环境中风险的性质和强度以及风险评价过程中不确定性问题进行分析与描述,并划分出五级生态风险区;最后,根据划分的五级生态风险区的特征,分别提出针对各生态风险区的生态风险管理对策。
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In addition, when the modified PVA resins fulfilled requirements in the following: 1 the acetalization degree varied from 60 mol% to 80 mol%, 2 the esterification degree varied from 10 mol% to 20 mol%, 3 the amount of hydroxyl group was 5-25 mol%, 4 the range of value of B/P(the mass ratio of the binder to diazo resin) was from 4 to 4.5,5 the range of its molecular weight was from 4×10^5 to 8×10^5, the negative PS plate obtained had excellent sensitivity, hydrophobic property, good developability, good ink receptivity and good scratch resistance.
因此其分子量、酯化度和缩醛度的确定,必须综合考虑各项性能之间的平衡。缩醛度为60-80 mol%,酯化度10-15mol%,羟基5-25 mol%,分子量约为4-8万,B/P为4-4.5时,制得的阴图PS版的感度、显影性、着墨性和耐磨性都较好。
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Your diarist has a choice: he could fly to Kiev, well away from the ash cloud, from there to Istanbul, from there to Madrid, and from there—perhaps—take a train to a northern Spanish or French port and then a ferry to Britain.
我们的记者有个选择:他可以飞去Kiev,远离火山灰,从那里去伊斯坦布尔,再去马德里,再从那里,可能的话,乘坐火车去西班牙北部或法国的港口然后渡船到英国。
- 相关中文对照歌词
- I Learned How To Love From You
- From Her Lips To God's Ears (The Energizer)
- Shame On You (To Keep My Love From Me)
- Shame On You (To Keep My Love From Me) (Radio Edit)
- Just To Feel This Love From You
- From The Ritz To The Rubble
- From Shapeless To Breakable
- Girl From Ipanema Goes To Greenland
- Journey From A To B
- Leave It All To Shine / Leave It All To Me (Theme From iCarly)
- 推荐网络例句
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Do you know, i need you to come back
你知道吗,我需要你回来
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Yang yinshu、Wang xiangsheng、Li decang,The first discovery of haemaphysalis conicinna.
1〕 杨银书,王祥生,李德昌。安徽省首次发现嗜群血蜱。
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Chapter Three: Type classification of DE structure in Sino-Tibetan languages.
第三章汉藏语&的&字结构的类型划分。