Today, DPF is in a weaker situation than the industry average and compared with
itself historically. The current ratio fell from of 3.9, which is above industry average, in 1985 to 1.28, which is below average, in 1995. DPF’s is half as big as the industry average indicating a lower than average ability to meet their short-term obligations if they were due now. Furthermore, the current ratio measures how efficient a company can turn its products into cash, therefore a below industry average ratio indicates weaknesses in their operations (Investopedia, 2012). Over the last ten years the debt ratio increased from 35.3%, which was back then already above industry average [...]
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Upload your own papers! Earn money and win an iPhone X. -
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Upload your own papers! Earn money and win an iPhone X. -
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Upload your own papers! Earn money and win an iPhone X. -
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Upload your own papers! Earn money and win an iPhone X.