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Title: Verizon

Essay Details:

Subject: Miscellaneous
Author: Marie K
Date: June 12, 2014
Level: University
Grade: A
Length: 1 / 282

Essay text:

0.79). Verizon's Accounts Receivable jumped up 20.3%, an increase of 1.02 (6.05 vs. 5.03). Consequently, days to collect worsened in 2003 compared to 2002, (60 days to 73 days) decreasing by 13 days, or 17.8%. The profit margin for 2003 compared to 2002, declined by 33.5%, a drop of 1.52 (4.54 vs. 6.06). Accounts Payable for 2003 compared to 2002, got better by 8.2%, an increase of 0.12 (1.56 vs. 1.46), which also effected the days to pay decrease by 19 days (231 days vs. 250 days). In 2003 compared to 2002, Verizon's return on equity declined 25.6%, a decrease of 3.2 (9.3 vs. 12.5). The interest coverage ratio for Verizon for 2003 compared to 2002 dropped 10%, a decrease of 0...

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