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| Topic: |
Business
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| Number of pages / Number of words: |
30 / 8161 |
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Generally, profit ratios where higher or equal to the benchmarks but there was a drop in 2005/06 due to a fall in profit. Efficiency ratios were comparable to the benchmark and the CDO showed a high level of short and long term liquidity. Market based ratios were above the benchmark except for price/earnings ratio which fell in response to a fall in profit...
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Efficiency ratios were comparable to the benchmark and the CDO showed a high level of short and long term liquidity. Market based ratios were above the benchmark except for price/earnings ratio which fell in response to a fall in profit. A review of the accounting policies in the annual reports indicated no major differences between CDO and the benchmark companies that would impact reported figures significantly...
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