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Title: Mmm.Doc

Essay Details:

Subject: History
Author: Shirley C
Date: August 31, 2014
Level: University
Grade: B
Length: 6 / 1546

Essay text:

from 6076% in 2003 to 517% in 2007) which shows constant paying out of debt by company and issue of equity in recent years which leads to reduction in fixed debt cost. Debt ratio of the company which is proportion of the debt to total funds (i.e. debt/equity +debts).in case of imperial tobacco the proportion of debt is decreasing which leads to reduction of debt ratio. Activity Indicator 2003 2004 2005 2006 2007 Average stock turnover 3.17 3.51 3.59 4.01 3.29 3.6 Asset Turnover (times) 0.782587 0.782856 0.897151 0.763584 0.562029 0.751405 The activity ratios mainly explain about the efficiency by which company performs its functions...

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