Moneymatters..ppt

7 Money matters Background information in business situations you may find yourself having to talk about money with suppliers and customers. You may be physically handling money or dealing with figures and money on paper. If you work in the accounts department of a firm you may have to fill invoices for your customers’ orders. Or you may have to send a customer a reminder（催函） because they have not paid an invoice. You may even have to decide whether customers can have further credit （赊帐）and can delay paying their outstanding bills; If you are working in international trade, you may need to be familiar with the different types of payment that exist. In most large and middle-sized firms here is an Accounts Department which deals with the money paid out to suppliers for goods delivered and the money received from customers for goods supplied. Contents 7.1 dealing with figures part B work in pairs Decide which of the phrases on the right go with which figure on the left. LVMH A world leader in luxury, LVMH Mo?t Hennessy - Louis Vuitton possesses a unique portfolio of some 50 prestigious Brands. The Group is active in five different sectors: Wine Spirits Fashion leather goods Perfume Cosmetics Watches Jewelry Selective retailing Thanks to its brand development strategy, and the expansion of its international retail network (more than 1,700 stores worldwide),  7.1 dealing with figures Vocabulary a string of prestige brand names(一系列的名牌产品） net profit （净利） downturn（经济低迷） overall group sales （整体销售额） operating income（营业收入） marginal increase（少量增长） bear the brunt （ 受到冲击） economic slowdown（经济衰退） 7.2 cash flow Vocabulary cash flow (cash inflows 现金流入量 \cash outflows现金流出量） credit control（信贷管理）， assess， assign a credit limit， pay-by date （付款日期） trade and bank references（资信调查），protection against bad debt (防止坏帐）recover factoring（代理业务），face value（票面价值），bottom of the pile Translation 尽管今年上半