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调用国防交通储备物资需经哪些机构批准？

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哪些部门和行业要开展国防交通教育？

军队根据需要可在哪些地方派驻军事代表，并会同有关单位共同完成国防运输和交通保障任务？

哪些单位应当根据有关规定编制重点交通目标保障预案，并做好相关准备？
答：国防交通保障方案确定的重点交通目标的管理单位和预定承担保障任务的单位。
46重点交通目标的管理单位和预定承担保障任务的单位，在重点交通目标受到破坏威胁以及重点交通目标遭受破坏时，应采取哪些措施？

Section A暂缺
Section B – ALL FIVE questions are compulsory and MUST be attempted
Gemlo Co is a company listed on a large stock market. Extracts from its current statement of financial position are as follows:
Gemlo Co is planning an expansion of existing business operations costing $10 million in the near future and is assessing its current financial position as part of preparing a business case in support of seeking new finance. The business expansion is expected to increase the profit before interest and tax of Gemlo Co by 20% in the first year.
The planned business expansion by Gemlo Co has already been announced to the stock market. Information on the expected increase in profit before interest and tax has not yet been announced and the company has not decided on how the expansion is to be financed.
The ordinary shares of the company are currently trading at $3·75 per share on an ex dividend basis. The irredeemable loan notes have a cost of debt of 7%. The 7% loan notes have a cost of debt of 6% and will be redeemed at a 5% premium to nominal value after seven years. The interest cover of Gemlo Co is 6 times.
Companies operating in the same business sector as Gemlo Co have an average debt/equity ratio of 40% on a market value basis and an average interest cover of 9 times.
Required:
(a) Calculate the debt/equity ratio of Gemlo Co based on market values and comment on your findings. (4 marks)
(b) Gemlo Co agrees with a bank that its business expansion will be financed by a new issue of 8% loan notes. The company then announces to the stock market both this financing decision and the expected increase in profit before interest and tax arising from the business expansion. Required:
Assuming the stock market is semi-strong form. efficient, analyse and discuss the effect of the financing and profitability announcement on the financial risk and share price of Gemlo Co. Note: Up to 2 marks for relevant calculations. (6 marks)