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COMPOSITE CORPORATION Balance Sheet 20X1- 20X2 (in $ millions) Assets Current assets: Cash and equivalents Accounts receivable Inventories Other Total current assets 20X2 $140 294 269 58 $761 20X1 $107 270 280 50 $707 Liabilities and Stockholder's Equity Current Liabilities: Accounts payable Notes payable Accrued expenses Total current liabilities 20X2 20X1 Fixed assets: Property, plant, and equipment $1,423 $1,274 -550 -460 Less accumulated depreciation Net property, plant, and equipment 873 814 Intangible assets and other 245 221 Total fixed assets $1,118 $1,035 $213 $197 The assets are listed in order 50 53 by the length of time it223 205 normally would take a$486 $455 firm Long-term liabilities: with ongoing operations to $104 Deferred taxes $117 Long-term debt 458 convert them into cash.471 $562 Total long-term liabilities $588 Stockholder's equity: Preferred stock $39 $39 Common stock ($1 per value) 55 32 Capital surplus 347 327 Accumulated retained earnings 390 347 Less treasury stock -26 -20 Total equity $805 $725 Total liabilities and stockholder's equity $1,879 $1,742 Clearly, cash is much more liquid than property, plant and equipment.

Total assets $1，879 $1，742 美国联合公司的资产负债表美国联合公司资产负债表 20X2 和20X1 (单位：百万单位：单位百万)资产流动资产：现金及现金等价物应收帐款存货其它流动资产合计固定资产：财产，厂房和设备减：累计折旧财产，厂房及设备净值无形资产及其它资产固定资产合计 20X2 $140 294 269 58 $761 20X1 $107 270 280 50 $707 债务负债债务和股东权益债务流动负债： 20X2 20X1 资产排列的顺序是根据在通$213 $197 应付帐款 50 53 应付票据常情况下企业持续经营将资205 223 应计费用$486 $455 流动负债合计产转化为现金所需要的时间长期负债：长度。长度。显然，现金比财产，厂房，显然，现金比财产，厂房，设备等的流动性要强得多。设备等的流动性要强得多。

Secondly, in this study, China's staple food demand is offered to have both long-term and short-term stability, and it fits the "best linear unbiased estimator", goodness of fit , hence it is predictable and has long-term developing co-relation--the rise of food consumption causes the rise of food price and the increase of food consumption stimulate the increase of income.

实证结果发现：中国粮食长、短期发展具稳定性、最小变异线性不偏估计式(best linear unbiased estimator，BLUE)、有配适性且残差变异数齐一，亦无自我相关性、故具可预测性与长远发展关系，乃粮食消费增加，刺激粮食售价的攀升；粮食消费量增加，刺激所得增加。

As a long-term bath to treat protozoal diseases in a separate tank: add 1 capful (6ml) per 10 gals (38l) for 1 hour short-term bath. Then transfer them to a long-term bath for 10 days,using half the dosage.

为有病的生物进行长期的消菌浴：在一个缸内每38升水加1瓶盖（6ml），浸1小时，然后再将他们放入另一个缸，只使用一半的剂量，浸10天。

Investors can also trade-offs, to relax these controls may still cause a certain degree of short-term price shocks, it is therefore expected to contribute to the long-term relationship between market supply and demand balance, inflation and the breakdown of foam broke off a vicious cycle of re-emergence of the basis for long-term development of China's stock market in terms of not necessarily a good thing.

投资者也可权衡，这些管制放松仍可能造成短期价格波动一定程度，因此，预期将有助于市场之间的供求平衡，通货膨胀和泡沫破裂打破长期合作关系过了一个重新的恶性循环的长期的中国证券市场长远发展的基础上出现的并不一定是好事条件。

Long-term assets comprise long-term investments, fixed assets, intangible assets, deferred assets and other long-term assets.

长期资产包括长期投资、固定资产、无形资产、递延资产和其他长期资产。

That being the case, we propose to look forward to long-term access to high-yield long-term investors can try to investment-fund shares, which closed-end fund discount factor is more suitable for high long-term investment.

在这种情况下，我们建议期待长期获得高收益的长期投资者可尝试投资基金，股票，封闭式基金的折扣因素，更适合高长期投资。

In the end, there is a brief conclusion . The conclusion of this passage mainly includes: The listed companies have obvious preference for stock right financing, and the financing order is stock right financing, the short-term debt, endogenous financing, the long-term debt, which differs from that of western countries; Financing structure is characterized by comparatively lower asset-liability rate, higher floating debt and lower long-term debt; The governance structure is irrational, and the shareholders" meeting perform practically no function. In the meanwhile, board of director structure is unreasonable, which is highly coincident with the manager layer. Board of supervisors" independent character is poor, while manager layer is lacking in restraints and supervision; The interdynamic

本文的结论：上市公司有明显的股权融资偏好，融资顺序为股权融资、短期负债、内源融资、长期负债，这与西方国家上市公司的融资顺序不同；融资结构具有资产负债率相对较低，流动负债偏高、长期负债偏低的特征；治理结构不合理，股东大会形同虚设、董事会结构不合理、董事会与经理层高度重合、监事会独立性不强、经理层缺乏约束与监督；治理结构与融资策略选择的互动关系不强；独立董事比例与资产负债率正相关，工业、公用事业与资产负债率负相关，商业与流动负债率正相关，第一大股东持股比例与流动负债率负相关，第一大股东持股比例与长期负债率正相关，执行董事比例、工业、商业与长期负债率负相关。

In 1968 in Jingyuan County Water and Power Authority, in June 1976 in electrical engineering Xing headquarters, in March 1985 term of office of the Public Works chief, was transferred in 1985 Hirakawa deputy director of the agricultural area, in July 1987 Dry Hirakawa term Electric irrigation works-in-command headquarters, in December 1994 Xi Gela Beach mention any irrigation project, deputy head of the preparatory group, the term of office in April 1997 Hirakawa Secretary Water District, in March 2000, deputy district head office Hirakawa.

赵质 1948年9月生，靖远县东湾乡人。1968年在靖远县水电局工作，1976年6月在兴电工程指挥部工作，1985年3月任工务科科长，1985年调任平川区农委副主任，1987年7月任旱平川电灌工程指挥部副指挥，1994年12月任西格拉滩提灌工程筹备组副组长，1997年4月任平川区水利局局长，2000年3月任平川区副区长。

Dongying wild soybean seedlings had the highest activities of antioxidant enzymes and higher Na+ transport efficiency under the short-term NaCl stress, which helped to alleviate the damage of the short-term NaCl stress.(4) The shape of chloroplasts was changed to circular from oval, and the granum stacks twisted under the short-term NaCl stress in the Shandong cultivar soybean leaves whereas, only twisted granum stacks were observed in the Dongbei wild soybean leaves.

4NaCl短期胁迫后山东栽培大豆幼苗叶片的叶绿体形状发生变化，由椭圆形变成了圆形，类囊体结构部分膨胀扭曲；东北野生大豆幼苗叶片的叶绿体形状没有多大变化，但是类囊体结构部分膨胀扭曲；而东营野生大豆幼苗叶片的叶绿体形状和类囊体结构都几乎没有变化。

The term country music began to be used in the 1940s when the earlier term hillbilly music was deemed to be degrading, and the term was widely embraced in the 1970s, while country and western has declined in use since that time, except in the United Kingdom and Ireland, where it is still commonly used.

国家一词音乐开始使用时，在20世纪40年代中期hillbilly早先音乐被视为有辱人格，而且长期被广泛接受在上世纪70年代，而与西方国家已经减少使用自那时以来，除了在英国和爱尔兰，在那里仍然是常用的。

Now she was hungry and angry.She began to smoulder.

现在她又饿又气，她开始流露难以抑制的怒火。

You have placed our iniquities before You, Our secret sins in the light of Your presence.

诗90：8 你将我们的罪孽摆在你面前、将我们的隐恶摆在你面光之中。