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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 743 |
Essay's paper body
Some companies with a higher turnover of inventory can justify a high percentage while other industries cannot. This will affect a number of factors but the most important one is the ability to raise money. A company whose debt is too high will not be able to raise other money, or if they were able to, they would have to give a high interest rate in order to entice investors to take the extra risk...
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A company whose debt is too high will not be able to raise other money, or if they were able to, they would have to give a high interest rate in order to entice investors to take the extra risk. Looking at the 2006 financial statements the data shows that GE has total liabilities of 577.34 billion and assets of 697...
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