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Topic: Business
Number of pages / Number of words: 5 / 1280
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Because of big increase in 2002 in Accounts Receivables. Grew in 2003 to 4.18 from 3.92 in 2002. Because of big increase in Sales.

Inventory Turnover ? There was no inventory reported in 2001. Grew from 7.71 in 2002 to 8.88 in 2003. The reason is increase in Cost of Good Sold and decrease in Inventory...


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The reason is increase in Cost of Good Sold and decrease in Inventory.

Debt Management Ratios

Debt/Equity Ratio ? Increased from 0.235 in 2001 to .244 in 2002 to .30 in 2003. The reason is constant increase of Total Debt.

Total Debt ratio ? Increased from .202 in 2001 to .228 in 2002 to .233 in 2003...


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