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Essay

Interco Business Case

Essay specific features

 

Issue:

Business

 

Written by:

John B

 

Date added:

April 27, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1105

 

Was viewed:

5075 times

 

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Essay content:

The same trend follows with its inventory days, increasing in 1987 and decreasing in 1988, which would signal that its turnover was slower in 1987 and faster in 1988. The accounts payable days increased in 1987 while slightly decreasing in 1988. This is a healthy trend as Interco was able to take longer to pay off its current expenses than the past...
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Its earnings also increased 4.51% in 1987 and 13.97% in 1988. However, if closer examination is undertaken, it is clear to see that the general retail and apparel businesses are struggling while footwear and furniture have been flourishing. Its apparel business has dropped in earnings from $6.7M in 1986 to $2...
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