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| Topic: |
Business
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| Number of pages / Number of words: |
14 / 3697 |
Essay's paper body
The ROA for 2006 was 22%, up from 18% in 2005. The ROA had increase by 4 % and thus, it shows that GSK is better at converting investment into profit.
Profit margin
It signifies a slight increase by 1.9 % to the profitability of the company. Holmes et al. (2005) indicate that trading profit margins are vital to GSK as the company’s management and investors use the results to forecast predictable profits by multiplying estimated future margins...
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The ROA for 2006 was 22%, up from 18% in 2005. The ROA had increase by 4 % and thus, it shows that GSK is better at converting investment into profit.
Profit margin
It signifies a slight increase by 1.9 % to the profitability of the company. Holmes et al. (2005) indicate that trading profit margins are vital to GSK as the company’s management and investors use the results to forecast predictable profits by multiplying estimated future margins...
Essay fragment
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