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Topic: Business
Number of pages / Number of words: 3 / 829
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Though those assets turnovers are fluctuating and deteriorating slightly in 2007, as explained before, the increased liabilities due to business extension affected those ratios. However, MH still outperforms BG in terms of fixed assets turnover and total assets turnover. Those turnovers remain stable and slightly increased in 2007 even a decrease in sales in 2006 and increase in inventory in 2007 occurred...


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As a jewellery store, MH shows its high ability in converting assets into net profit.

As for the accounts receivables, both companies are improving but BG performs much better than MH. Horizontal analysis of MH shows that in 2006 and 2007, sales revenue increased 13 percent and 14 percent while account receivables decreased 37 percent and 49 percent...


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