Friday, November 1, 2019
Reactions Assignment Example | Topics and Well Written Essays - 500 words
Reactions - Assignment Example Its current liabilities have witnessed unsteady change, increasing between 2009 and 2011 and decreasing steadily between 2012 and 2013. Both the shareholders equity and borrowings have been at acceptable levels. This company is economically stable and growing upwards. This is the company that has been advocating for standards of media communication that observes certain values and principles of integrity, liberty and voluntary press. The financial muscles of this Santa Ana based communication company have grown over the years. It has seen a steady growth in terms of the profits accrued over the period of five years from 2009 to 2013. This has seen the marginal profit go to figures above 12 million US dollars. Its long term obligations have also decreased with huge little marginal figures between 2009 and 2013 to an amount of 11 billion US dollars. The rate of recuperation for this company is admirable and itââ¬â¢s one of the fastest growing companies. This company is one of the major modern publishers in the rapidly growing economy of China. The company operates mostly on the cultural publications. It operates on academic material and referencing tools with Chinese dictionaries like the Xhinua dictionary. This company has grown in revenue with 2005 figures amounting to about 540 Yuan. The company has also realized profits of over 50 million Yuan over the period of time form 2005. The company majors in reference book publishing which contribute over 60% of the profit. I think the production strategy should be changed as the company relies majorly on the production of reference books. This can be disastrous for the company if returns in this area of business go down. It should therefore distribute the publications evenly across all the products it offers for more security. This is a television network providing company with numerous TV channels
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