有盈余

Japan and Europe are also in the picture, Japan because it is posting a large current account surplus and is growing slowly, and Europe because, although it has a balanced current account, it should also contribute to increasing global growth – through raising its potential rate of growth – thereby alleviating global imbalances.

日本和欧洲也在本主题的范围之内，日本是因为现在有大量的经常账户盈余，并且其经济正在缓慢增长，而欧洲则是因为它的经常账户虽然实现了平衡，但也应该－－通过提高其潜在的增长率－－对提高全球经济增速做出贡献，从而减轻各种全球性失衡。

Their participation enables otherwise impossible take atteempts to become successful; The involvement of the arbitrager explains very well the widely observed stock market movement during the process of the takeover, including the dramatic rise in share price and in transaction volume. It predicts that in most case, a high transaction volume is associated with a high success rate, as well as with a high post-announcement trading price. Also, the higher the bidding price, the higher the success rate and the bigger the jump in share price; The existence of the arbitrager implies that in the tender offer, the shareholder can always expect to get a fixed portion of the total value improvement by the raider. This surprisingly simple division rule of the takeover surplus may have great implications for related empirical research and indicates that the market for corporate control may be efficient.

其次，我们构建了一个股权收购模型，研究套利者在接管过程中的重要作用，并论证了：套利者在公司接管过程中能发挥重要作用，他们的参与能设法使其他方面不可能的接管变得成功；套利者的卷入很好地解释了在接管过程中广泛观察到的股市活动，包括股价和交易量的暴涨，并指出了在大多数情况下，更高的交易量导致更高的接管成功率和接管宣告后更高的交易价，同样，更高的竞价必然导致更高的接管成功率和更大的股价涨幅；套利者的存在指出了在发盘收购中，股东总是期望从袭击者带来的价值增加总量中获得一个固定部分，接管盈余的划分规则对相关经验研究有很大的关系，指出公司控制权市场是有效的。

"We have lots of surplus bagasse, power is in short supply and energy sales are potentially very profitable," he said.

"我们有大量的盈余，蔗渣，权力是在供应短缺和能源销售，可能会非常有利可图的，"他说。

We propose a theoretical framework to predict the impact of inward FDI on the host country's incumbent firms' price-cost margins, according to the mode of entry of FDI We then investigate empirically the competitive discipline effect exerted by both imports and FDI on manufacturing plant-level price-cost margins in the UK, for the period 1991-2001. We estimate different specifications of the price-cost margin equation with both fixed-effects instrumental panel estimator and efficient generalized method of moments estimator with clustering correction.

通过构建理论模型预测FDI的不同进入模式对东道国企业价格－成本盈余(Price-Cost Mar-gin， PCM)的影响，以及采用固定效应工具面板和经过聚类修正的有效广义矩等不同估计模型，对1991-2001年间的进口和FDI对英国制造业企业PCM竞争规制效应进行的实证研究表明：绿地FDI对利润有负向影响，而并购FDI对利润的影响为正，即绿地FDI对PCM有规制效应，并购FDI会增加PCM。

Fourth, the samples with low earning growth ratio and middle stock dividend ratio have better ex-dividend effect, but not obviously.

四、低盈余成长率及中低股东配股率之样本有较佳之除权行情，但较不显著。

For the first time in months he was in the black at the bank.

几个月来他的银行户头上第一次有了盈余。

For the first time in month he is in the black at the bank.

几个月来他的银行户头上第一次有了盈余。

In this research, we choose specimens of companies between having and not having asset impairments to compare to each other, it is supposed that the research extrapolates to use new bulletin having more motivations to cause manager to do earning management.

因此，本研究将有采财会准则第35号公报的企业与无提列资产减损的企业两者间相互比较，这是由於本研究推测有采用新公报的企业有较大的动机与诱因来进行盈余管理。

The research of earnings management is a focus for scholars all over the world, as to my opinion, upbuilding an efficient model to detect earnings management is a good way to reduce the risk for investors and auditors, and to help supervisors.

盈余管理是各国学者研究的焦点之一，研究的角度很多，笔者认为探索识别盈余管理的方法，特别是建立一个有效的识别模型是有一定现实意义的。

The average level of the soil available potassium was 119.96 mg/kg, which decreased 18.94 mg/kg and 1.05 mg/kg one year averagely. But the decreasing trend alleviated in recent years. There were 39.5 kg/hm^2 nitrogen and 30.9 kg/hm^2 phosphorus (P2O5) more than needed averagely, and 150.0 kg/hm^2 potassium (K2O) in deficiency. Though the fertilizer application was high and the rate of fertilizer was 647.96 kg/hm^2 in nutrient, the ratio of organic to inorganic was still unreasonable. The ratio of the chemical fertilizer nitrogen phosphorus (P2O5) and potassium (K2O) was 1:0.42:0.14. The nitrogen application was enough and even higher than that was needed. The phosphorus was proper elementarily and potassium was in deficiency. The yield of wheat which was the main crop increased slightly and that of other autumn harvest crops was stable.

土壤速效钾7年平均值119.96 mg/kg，比第二次土壤普查时下降了18.94 mg/kg，平均每年以1.05 mg/kg的速度下降，但近年来下降趋势变缓；养分平衡中氮素平均盈余39.5 kg/hm^2，磷素(P2O5)盈余30.9 kg/hm^2，钾素(K2O)亏缺150.0 kg/hm2；全省施肥水平较高，每公顷总施肥量折纯养分647.96 kg，但有机无机比仍不合理，化肥氮、磷、钾投入比例1：0.42：0.17，氮肥充足，部分地区用量偏高，磷肥基本合理，钾肥不足；主要农作物小麦产量略有上升，其它主要秋收作物产量基本稳定。

On the other hand, the more important thing is because the urban housing is a kind of heterogeneity products.

另一方面，更重要的是由于城市住房是一种异质性产品。

Climate histogram is the fall that collects place measure calm value, cent serves as cross axle for a few equal interval, the area that the frequency that the value appears according to place is accumulated and becomes will be determined inside each interval, discharge the graph that rise with post, also be called histogram.

气候直方图是将所收集的降水量测定值，分为几个相等的区间作为横轴，并将各区间内所测定值依所出现的次数累积而成的面积，用柱子排起来的图形，也叫做柱状图。