MONEY

Unit 5
Market leader Intermediate
 DISCUSSION
1. What is the best way to make a lot of money quickly?
2. When people say “money doesn’t grow on trees”, what
do they mean?
3. Why don’t we just print money to end world poverty?
4. Would the world be a better place if we all had the
same amount of money?
5. Do you think there will be a single global currency one
day?
QUOTE

• “A bank is a place that will lend

you money if you can prove
that you don’t need it.”
Bob Hope
WHAT DO YOUR
ANSWERS SAY
ABOUT YOUR Are your answers typical of
your culture?
ATTITUDE
TOWARD
MONEY?
Some cultures divide up the
WHAT DO THEY restaurant bills precisely. Others
SAY ABOUT see this as mean and one person
YOUR will often offer to pay the bill.
CULTURE?
 Go through the examples in the useful
language.

Student A turns to page 144

DEALING WITH In pairs: Student B turns t page 39
FIGURES Student B listens to student A and
correct the information in the text

Listen and check your answers.

FINANCIAL TERMS
• What is the difference between earnings per share (EPS) and
dividends?
– EPS is the profit a company makes in a particular period divided
by the number of shares
– Dividends are a sum of money paid to shareholders of a
corporation out of earnings. (A part of the money is kept for
future investments)
– Dividends are usually less than EPS
 Tasks A & B p.40

• Exercise A • Exercise B
1. d 1. b
2. b 2. c
3. a 3. e
4. e 4. a
5. f 5. f
6. c 6. d
Task c – complete the report

1. Pre-tax 3. 4. Earnings 5.
2. Forecast
profit Recession per share Dividend

7. 9. Gross
6. Shares 8. Profits 10. Debt
Investment margin

11.
12.
Bankruptc
Revenues
y
Listening – raising business
capital
• How do small business borrow money in your countries?
• Listen to Hugh Campbell, a venture capitalist and complete the
chart on page 41
 TASK A

Type of business Type of investor

Business set up by new Banks

entrepreneurs
Business borrowing up to £1 Private investors = business angels
million
Business borrowing more the £1 Venture capitalists
million
 Hugh describes a company set up
by people from Oxford University
that develops software for the
computer games industry.

TASK C
He likes this company because:

a.The company own a lot of intellectual

property and
b.The video games market is growing very fast
 TASK D

1. False. Hugh was offered the chance to buy 20% of an

internet business
2. False. He didn’t invest because he didn’t understand
how people could make money from internet
advertising.
3. True.
4. False. It was sold for 32 times its original value.
Reading – reporting financial
success
• Have you heard of Wal-Mart and Target stores?

1. Both Wal-Mart and target stores are based in the UK.

2. Wal-Mart is the world’s largest retailer
3. Target is not a competitor of Wal-Mart
Complete the parts of the chart relating
to your article
Complete the parts of the chart relating to
your article
TASK D
• Which company:
1. Feels confident about the future? Wal-Mart

2. Has developed a more fashionable image? Target

3. Had particularly good results overseas in the

last 12 months? Wal-Mart
4. Is not planning to increase prices? Wal-Mart

5. Did better than the American stock market

forecast? Target
6. Feels its success is due to the variety it its
goods? Wal-Mart
TASK E

1. D. Consumer spending
2. C. Tax refund
3. A. Quarterly earnings
4. E. International division
5. B. Price pressure
DESCRIBING TRENDS