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Title: MCI

Essay Details

Subject: Business
Author: Richie R
Date: January 29, 2015
Level: University
Grade: A
Length: 7 / 1836
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

With a more even playing field the opportunities to increase market share and revenue were significant. In order to maximize this opportunity MCI required capital. Their poor financial performance required them to use less traditional instruments to obtain financing. The capital acquired supported their growth until they reached a level of profitability in 1978...

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The capital acquired supported their growth until they reached a level of profitability in 1978. Subsequently they continued to increase their net income and the quality of their balance sheet. With continued prospects for growth tempered with some regulatory uncertainty they need to determine their optimal financial structure for the future...

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