资金

This paper studied the earnings managements of the listed companies by dividing the accrual into above-the-line accruals and below-the-line accruals. And for above-the-line accruals and below-the-line accruals of 2002, I divided above-the-line-accruals into working capital accruals and nonworking capital accruals. Then I used modified Jones model by adding industry variables to study the new characteristics of earnings management in 2002. This paper provides evidence that the listed companies still used below-the-line accruals as the main earnings management instrument. On the other hand the listed companies also used working capital accruals as one of their earnings management instruments. On the basis of the studies above, I build two proxies of the earnings management.

本文首先通过对2002年上市公司盈余管理的分项实证研究来观察各种制度实施后上市公司利用线下项目进行盈余管理是否得到了一定的遏制，实证过程中采用修正的横截面JONES模型加入行业变量并经过适当变形对上市公司年报线上项目和线下项目，并进一步将线上项目分解出营运资金相关项目和非相关项目两项进行盈余管理的实证研究，发现企业对线下项目的操纵仍然在企业盈余管理中占据主要地位，但从某种程度上看，线下利润的操纵得到了一定的抑制，另外企业对营运资金应计项目的盈余管理也是显著的。

Chan said that although the company is relatively tight chain funds, a debt owed to the tens of millions of distributors, but not big arrears, As long as the company can maintain normal operation of the production chain, the normal functioning of the funds, the company can repay the arrears.

陈震称，虽然公司目前的资金链比较吃紧，欠经销商的债款有几千万，但欠款并不是大问题，只要公司能维持生产链的正常运作，有正常的资金运转，公司的欠款是可以偿还的。

If Wenzhou People will purchase a loan in the local and the occupier of local funds, then the foreign capital investment in the local should not and will not be occupied by local bank loans and local funds it?

如果温州人将购买贷款中的地方和地方的占用资金，那么，外国资本投资的地方不应该也不会被占领的地方银行贷款和地方的资金呢？

And Wall Street banks are not the only ones hunting for cash. Capital needs, on some measures, are greater in Europe than in America; so is dependence on the wholesale markets for funding. On January 14th Crédit Agricole, a French bank, said it would sell its 2.1% stake in Suez, a utility, to help shore up its balance sheet.

华尔街的银行们不是唯一的资金饥渴者，欧洲的资金需求在某种程度上超过了美国，对大数额基金市场的依赖也同样。1月14日，法国的Crédit Agricole银行表示将出售2.1%的股份给Suez公司来改善它的资产负债表。

For example, some fund-style decided it was unlikely to be adjusted, perhaps to see it but the positions have been relatively empty high; some funds may be changes in the market can not be a timely response, that is to say, freedom of expression and operation is absolutely not the same; also released some funds to see more freedom of speech, but it may with the actual market situation, will do a different operation.

举例来说，有些基金风格决定它不太可能调整，也许才能看到它的立场，但一直相对空高；一部分资金可能在市场的变化，不能及时作出反应，也就是说，言论自由和操作是绝对不相同；还发布了一些资金，看到更多的言论自由，但它与市场的实际情况可能会做不同的操作。

Be opposite from methodology angle next the classification of capital main body, become quantity of supply of whole society capital to compose period the amount is put first, this period the method of increment description and analysis, and the valuation problem to fixed assets, whether to exist repeat computational question, the issue of imports and exports that whether needs to inspect consumable and product service ordinal undertook discussion with research.

然后从方法论角度对资金主体的分类，对构成全社会资金供给量的期初存量、本期增量描述与分析的方法，以及对固定资产的计价问题，是否存在重复计算问题，是否需要考察消费品和产品劳务的进出口问题等依次进行了讨论与研究。

But from the perspective of funds, the net outflow of funds throughout the day for 420 million yuan.

但是，从资金的角度来看，资金净流出在一天的42000.00万元。

This is also the last period of 5.954 billion net outflow of funds after another large outflow of funds.

这也是59.540亿资金净流出的资金又大量外流的最后阶段。

From the funds in terms of Friday a net outflow of funds of about 2.5 billion.

在上周五的条件进行约25亿资金净流出的资金。

In order to adapt changeful market and intended competition pawnbroking need reform, comply with international regulations and innovate in idea, operating, institution service and human resource.

由于市场需求旺盛，因而不需要考虑消费者的需求；融资服务企业只要提供资金，而且只关心资金成本及利润，而不需要考虑贷款对象实际情况

I will endeavour to find you some assistance.

我尽力帮你找人帮忙。

At first I only know bruck is the idol of American younglings, afterwards I returned back to Taiwan ,even in Beijing last year ,I saw her poster everywhere, I was so surprised at her charm.

起初我只晓得布鲁克雷德丝是美国少男少女崇拜的偶像，后来回台湾，甚至去年在北京，居然也四处看见她的海报，才惊讶她的魅力之大。