剑桥BEC高级真题第四辑TEST3.doc

BEC 真题 第四辑高级 Test 3 READING 1 hour PART ONE Questions 1-8 ? Look at the statements below and the reports about five different companies on the opposite page. ? Which company (A, B, C, D or E) does each statement (1-8) refer to? ? For each statement (1-8), mark one letter (A, B, C, D or E) on your Answer Sheet. ? You will need to use some of these letters more than once. ? There is an example at the beginning (0). Example: 0 This company has outlets in new types of location. 1 This company has expanded at a time of high demand. 2 Good results in one part of this company made up for disappointing results in another part. 3 lt is difficult to predict future prospects furthe kind of products this company sells. 4 Profits for this company are likely to be different from those that were earlier predicted. 5 This company produced more goods than were needed for certain markets. 6 This company has denied rumours about its future plans. 7 A recovery in this companys financial position is expected. 8 This company is likely to benefit from charging more for its products.  Following the companys poor annual results in November, the share price plunged and has since remained around 200p. Analysts now believe that the company is seriously undervalued by the stock market. The companys biggest problems were in Germany and France last year where supply outstripped demand, leading to a ￡20 million loss for the year. However, the company has recently appointed a new chairman who has a iirst—rate track record of reviving failing companies. lt is believed that he will be successful in turning round the company’s fortunes. B Analysts are impressed with the companys recent performance. In the last six months, it has managed to increase prices by 3 per cent without adversely affecting sales. In such a low-margin, high-sales sector, this ought to translate directly into increased pronts.The companys recent sale of its packaging division has eliminated all its debts. Shares have risen in t