1、核准通过，归档资料。未经允许，请勿外传！电大投资分析期末综合指导复习题答案一、单选题1、项目可行性研究作为一个工作阶段，它属于（ A ） 。A.投资前期 B.投资期 C.投资后期 D.运营期2、项目市场分析（ C ）A、只在可行性研究中进行 B、只在项目评估中进行C、在可行性研究和项目评估中都要进行 D、仅在设计项目产品方案时进行3、在下列说法中，错误的是（ AB ）A、基本建设项目属于固定资产内涵式扩大再生产B、更新改造项目属于固定资产外延式扩大再生产C、项目的规模一般是按其总投资额或项目的年生产能力来衡量的D、生产性项目主要是指能够形成物质产品生产能力的投资项目4、下列说法中错误的是（ C
2、 ） 。A、项目市场调查是获得市场分析所需信息资料的手段 B、抽样调查属于非全面调查C、普查方式在市场分析中应用最为广泛 D、项目市场调查要符合准确、完整、时效和节约性原则5、某项目建成投产成可以运行 10 年，每年可以产生净收益 5 万元，若折现率为 11%，则用 7 年的净收益就可以将期初投资全部收回。要求项目的期初投资，需要直接用到（ D ） 。A、资金回收公式 B、年金终值公式 C、偿债基金公式 D、年金现值公式6、计算项目的财务净现值所采用的折现率为（ B ）A、财务内部收益率 B、基准收益率 C、财务净现值率 D、资本金利润率7、下列说法中正确的是（ B ）A、当 FNPV0 时项
3、目可行； B、当 FIRRic 时项目不可行；C、当 Pt0财务上可行5、某企业用 3 万元的优惠价格购进一台设备，在 8 年使用期中,该设备每年的净现金流量为 1000 元，第 8 年末卖出时可得 4 万元。若购买设备时借款利率为 8，问是否应该购买此设备？画出现金流量图。解：现金流量表0 1-8净现金流量 -30000 1000FNPV（8%）=-30000+1000(P/A，8%,8) (P/F,8%,1)+40000=-3000+5534.375+40000= 15534.3750,可以购买6、某公司拟建某投资项目总投资 2000 万元，建设期一年（视为第一年末完成全部投资），据估计，
4、项目在生产期内的年净现金流在两种情况：400 万元和 500 万元，它们发生的概率分别为 0.6、0.4；项目生产期为 8 年、10 年、12 年的概率分别为 0.2、0.5、0.3。按 10%折现率计算，试用决策树法计算项目期望净现值及累计概率。解：E（NPV1）=400*0.6=240 E（NPV2）=500*0.4=200 2000 (P/F,12%,1)+400(P/A，12%,8) (P/F,12%,1)= 1584.2081954864 2000 (P/F,12%,1)+400(P/A，12%,10) (P/F,12%,1)=-2000*.8928+400*5.65*0.8928=
5、231.9282000 (P/F,12%,1)+400(P/A，12%,12) (P/F,12%,1)=-2000*0.8928+400*6.1943*0.8928=426.32000 (P/F,12%,1)+500(P/A，12%,8) (P/F,12%,1)= -2000*.8928+500*4.4976*0.8928=221.92000 (P/F,12%,1)+500(P/A，12%,10) (P/F,12%,1)= -2000*.8928+500*5.65*0.8928=736.362000 (P/F,12%,1)+500(P/A，12%,12) (P/F,12%,1)= -2000*
6、0.8928+500*6.1943*0.8928=979.34期望值 190.1+69.5784+76.734+17.752+147.272+17.5208=519.2052净现值大于零的累计概率为 1，项目风险较小7、某房地产项目财务评估数据如下：正常年份的产量为 52 万平方米，销售收入为 33652 万元，可变成本为 11151 万元，销售税金为1578 万元，年固定成本为 10894 万元。求盈亏平衡的产销量及生产能力利用率、产量安全度。解：BEP=*100%=52.07%盈亏平衡点的产量为 52*52.07=27.08 万平方米8、第 8 题与第 9 题一样。9、已知某种现货金融工具
7、的价格为 100 元，假设该金融工具的年收益率为 10，若购买该金融工具需要融资，融资的利率为 12，持有渡现货金融工具的天数为 180 天，那么在市场均衡的情况下，该金融工具期货的价格为多少？解：C=S（y-r）*t/360B=S-F在市场均衡的条件下，基差正好等于持有成本，即 B= C，于是S（y-r）*t/360=S-F整理得：F =S1+（r - y）*t/360=100 *1+（12%10%）*180/360=101 元10、某公司发行一种债券，每年支付利息为 150 元，债券面值为 1000 元，市场利率为 5%，到期年限为 10 年，该公司债券的发行价格为多少？解：1772.2
8、元12、某工厂设计年产量为 50 万件产品，每件售价（P）14 元，单位产品变动成本（V）为 10 元件，固定成本（F）60 万元。试求：用产销量（Q）、销售收入（R）、生产能力利用率（S）、产品价格等表示的盈亏平衡点和产销量安全度、价格安全度。（10 分）请删除 O(_ )O 谢谢： Foreigners flock to Chinas porcelain capital Preserving the ancient traditions Foreigners flock to Chinas porcelain capital Jingdezhen raises porcelain stan
9、dard Citys long history of fine ceramics lures followers from across the world, report Peng Yining and Hu Kaiyong in Jingdezhen, Jiangxi province. Dressed in paint-stained coveralls, China De La Vega easily navigated the maze of alleyways running alongside a ceramics factory in Jingdezhen, Jiangxi p
10、rovince.The 31-year-old Australian potter and painter wound her way through armies of one-meter-high ceramic Buddhas and piles of porcelain shards while nodding greetings to the workers and residents. She said the locals are used to seeing foreigners in Jingdezhen, Chinas “porcelain capital“, where
11、fine ceramics have been produced for more than 1,700 years, attracting numerous “porcelain pilgrims“ from across the globe. Unlike huge Chinese metropolises such as Beijing and Shanghai, Jingdezhen is a prefecture-level city with no “bar streets“ or international stores that are popular among expatr
12、iates. But despite its lack of Western chain stores, Jingdezhen is one of the most international cities in inland China, with ceramic studios owned by foreigners dotting the streets, the surrounding countryside and even remote mountaintops. When she first visited the city in 2011, De La Vega was imp
13、ressed by the discarded pieces of porcelain she found lying around. “I dug out many pieces from the soil around the ceramics works - all the old Buddha heads, hands and feet, which I rebuilt into new sculptures and used in my next exhibition in Australia,“ she said. “I love this place because the pr
14、ocess of making ceramics is a very peaceful one.“ Visa-free policy brings Chengdu biz, tourism boost. Making national headlines several times, Chengdus 72-hour visa-free policy has attracted wide attention from both Chinese and foreign experts and businessmen since it took effect on Sept 1 last year
15、. The program permits citizens from 51 countries and regions including the United States, Australia, Canada and Japan who have valid visas and flight tickets to a third country to spend three days in the city. The capital of Sichuan province is the first city in the western region of China to offer
16、foreign tourists a three-day visa and the fourth nationwide to adopt the policy following Shanghai, Beijing and Guangzhou. Li Zhiyong, deputy dean of the tourism institute at Sichuan University, said the move “contributes to a large increase in the number of overseas tourists and raises the citys le
17、vel of internationalization“. “The policy will also bring direct economic revenue,“ Li said. “Chengdu has many cultural legacies and is also a paradise for panda lovers with the worlds largest breeding and research center. Three days are long enough for foreign visitors to visit those iconic tourist
18、 spots,“ he noted. The city is home to the remains of the Jin sha civilization that dates back more than 3,000 years as well as the Qing cheng Mountains and the Du jiang yan irrigation system. Qing cheng has long been recognized as the birthplace of Taoism, Chinas ancient indigenous religion, while
19、Du jiang yan is considered to be the oldest functioning water-control project in the world. Chengdu ranked third in tourist facilities, management and services among 60 Chinese cities in a customer satisfaction survey released last year. But, Li added that efforts are still needed to develop more to
20、urism products, improve English services and provide accurate translation of traffic signs and scenic billboards. Zhao Yun, chairwoman of British Chamber of Commerce Southwest China, told China Daily that his colleagues found the policy very convenient. “A British client once flew here and stayed fo
21、r just one day to check her ordered goods,“ she said. Zhao was born in Shanxi province, but she has lived in Chengdu for more than 10 years. “My life was like a running race moving from place to place. I also lived in Beijing and Shanghai before,“ she said. “But Chengdu is a place that you never wan
22、t to leave once settling down. It is now my second hometown,“ she said. If the environment is further improved, the city will attract more people to visit and live, with the 72-hour visa-free policy and compelling conditions in transportation, culture, climate and cuisine, he said. Foreigners also g
23、ave positive feedback on the policy. A spokesman from Dell Inc said the company has a global hub of operation in Chengdu, so the three-day visa “has an immediate and positive influence on the companys business development“. Rudy Buttignol, president of the public broadcasting company in British Colu
24、mbia, Canada, said his work requires frequent travel to Chengdu and the policy “makes the trips easier“. Data from the citys public security bureau shows some 100 foreign visitors enjoyed the 72-hour policy by the end of March, most of them from the United States, the United Kingdom and Germany. Che
25、ngdu also reported robust growth in its overall tourist industry last year. Official statistics show that it received some 150 million tourists last year, an increase of 28 percent from 2012. Around 1.7 million came from abroad, an increase of 12 percent. Total revenue from tourism surpassed 133 bil
26、lion yuan ($21.7billion). During his visit to Kazakhstan in September, Chinese President Xi Jinping proposed that China and Central Asia join hands to build a Silk Road economic belt to boost cooperation. The idea has been widely echoed in Central Asian countries, becoming an encouraging blueprint f
27、or Chinese areas along the Silk Road that has linked Asia and Europe for more than 2,000 years. In the next three weeks, China Daily reporters will travel through the belt in China and in Kazakhstan, Uzbekistan and Turkey. They will show the progress and expectations of the countries, businesses and
28、 peoples on the route. Shaanxi - the start of the ancient Silk Road - has positioned itself as the new starting point for the development of the Silk Road Economic Belt, which will strengthen Chinas cooperation with Central Asian countries, a senior official said. Shaanxi Governor Lou Qinjian said t
29、he province is fresh, rich and unique, as it was when it anchored one end of the ancient Silk Road. “It is the best option for accommodating industrial transfers from East China or the world at large,“ he said on Wednesday in Xian. Lou held a joint interview with 27 media, including China Daily, the
30、 first in a series of interviews entitled Chinese Media Along the Silk Road. The interviews will be in Shaanxi and Gansu provinces and the Xinjiang Uygur autonomous region, as well as Kazakhstan, Uzbekistan and Turkey. The media group held the first interview on Wednesday morning in Xian, the starti
31、ng point of the ancient Silk Road, a trade channel established more than 2,000 years ago linking China, Central Asia and Europe.The pursuit of beauty is a common goal for most women, whether they live in the modern world today or in the modest times of the past. The pursuit of beauty is also a life-
32、long journey, something that demands pe rseverance and commitment.Summer is here, and so are the hot temperatures, humid air and harmful UV rays. Most Chinese women perfer fairer complexions, which means they have to do more work to stay beautiful during the hottest time of the year.However, without
33、 SPF50 sunscreens and air conditioned rooms, how did women in ancient China cope with the heat and remain beauty-conscious? In this article, youll discover that aside from todays botox and face lifts, there are much more that ancient wisdom has to offer.序号 名称 规格型号 单位 数量 备注一 制冷系统1 压缩机组 4AV10 台 42 冷凝器
34、 LN-70 台 13 贮氨器 ZA-1.5 台 14 桶泵组合 ZWB-1.5 台 15 氨液分离器 AF-65 台 16 集油器 JY-219 台 17 空气分离器 KF-32 台 18 紧急泄氨器 JX-108 台 19 冷风机 KLL-250 台 810 冷风机 KLD-150 台 411 冷风机 KLD-100 台 212 阀门 套 8613 电磁阀 套 614 管道及支架 吨 18.615 管道及设备保温 m3 2216 管道保温包扎 镀锌板 吨 1.617 附件 套 1二 气调系统1 中空纤维制氮机 CA-30B 台 12 二氧化碳洗涤器 GA-15 台 13 气动电磁阀 D100 台 144 电脑控制系统 CNJK-406 台 15 信号转换器 8 线 台 16 果心温度探头 台 77 库气平衡袋 5 m3 个 78 库气安全阀 液封式 个 79 小活塞空压机 0.05/7 台 110 PVC 管 套 111 附件 套 1三 水冷系统1 冷却塔 DBNL3-100 台 22 水泵 SBL80-160I 台 23 水泵 SBL50-160I 台 24 阀门 套 305 管道及支架 吨 2.86 附件 套 1四 电仪控系统1 电器控制柜 套 12 照明系统 套 13 电线电缆 套 14 桥架管线 套 15 附件 套 1
