EnglishPod 13 - Intermediate - Out of Control Spending
EnglishPod 13 - Intermediate - Out of Control Spending
Conversation
A: OK, so now the last point on our agenda. Jill, let's go over the profit and loss statement.
B: Great. Well, the main issue here, as you can see, is that our expenses are through the roof.
A: Let's see... These numbers are off the charts! What's going on here!
B: Well, um, sir, the company expenditures on entertainment and travel are out of control. Look at these bills for example. Just this month we've paid over twenty thousand dollars for hotel charges!
A: OK, thank you. I'll look into it.
B: The list goes on and on. Here, this is a bill for five thousand dollars for spa treatments!
A: Thank you; that will be all. I'll take care of it.
B: Look at this one sir, eight thousand dollars were spent in one night at a place called "Wild Things"?!
A: OK, I get it!! Thank you for your very thorough analysis!
Key Vocabulary
Go over (phrase): Revise, check
Through the roof (phrase): Suddenly very high
Off the charts (phrase): Very high
Expenditures (common noun, plural): Amount of money spent on something
Out of control (phrase): Not in control
Look into (principle verb, Will Future): Investigate, try to get information about something
Go on and on (phrase): Continues
Take care of (principle verb, Will Future): Do something about
Supplementary Vocabulary
Revenue (common noun, non-variable): Amount of money paid to a business
Cash flow (common noun, non-variable): The movement of money into and out of a business
The bottom line (phrase): The net profit; the amount of money a business makes after expenses
Finances (common noun, non-variable): The amount of money you have and how well it is organized
Income (common noun, non-variable): The amount of money a person or a company makes
Assets (common noun, plural): Things of value that are owned by a company