The Role Of Finance

task number 1 (Page 56-57)
1. To make money, they must first spend money.
2. Revenues from sales of the firm’s products.
3. Financial managers are the ones who keep track of how money is flowing into and out of the firm.
4. decide how the available funds will be used, how much money is needed, and where to get it.
5. the art and science of managing a firm’s money so it can meet the goals.
6. to collect and present financial data.
7. financial managers use financial statement prepared by accountants to make financial decisions.
8. analyzed financial data, and prepare and implement financial plans.
9. coordinate information from such areas marketing and production to develop and carry out financial strategies.
10. handled by either the accounting department or one or two people.
11. financial planning, investment, and financing.
12. budgets are a way to control expenses and compare the actual performance to the forecast.
13. to plan and control the firm’s financial activities.
14. cash budgets, capital budgets, and operating budgets.

Exercise 4 (page 74)
Forests
1. a. Parks in California too general
(b.) Redwood trees in California
c. The age of redwoods too specific
2. a. The land in Scotland too general
b. How trees hold earth in place too specific
(c.) Forests in Scotland
3.(a.) the importance of forests
b. Taking vacations in forests too specific
c. large forest too general
Exercise 5 (page 75)
Some Facts about Weather
1. topic : The Discover of Lightning
2. topic : Kind of Clouds

Exercise 6 (page 76)
The Use of Water
1. topic : Where drinking water comes from
2. topic : Water problems
3. topic : How to use water carefully
Exercise 7 (page 77)
Galileo Galilei
1. topic : Galileo’s interest in science
2. topic : Galileo’s first experiment about gravitation
3. topic : The disagree of Galileo’s scientific ideas

Exercise 8 (page 78)
Popular Drinks
1. Topic : How to make a tea.
2. Topic : The dissemination of coffee.
3. Topic : Orange juice is one of the most popular cold drinks.
Exercise 9 (page 80)
Some Ideas about Clothes
1. (b) Clothes can tell a lot about a person.
2. (b) Clothes have to be chosen carefully when you travel.
3. (c) Clothes today are different from clothes of the 1800s.
Exercise 10 (page 81)
Chemistry in the Past
1. (b) Chemistry lived before the 1700s.
2. (a) Robert Boyle helped build the science of alchemy.
3. (b) Antoine Lavoisier studied the size and weight of water.