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Evaluating Financial Performance Of GTE
Beginning of paper
Current event article from “Financial World” reflecting the use of financial ratios to assess the operating health of GTE telephone company
GTE, known for years as poorly run company GTE through some well-timed transformation has become one of the leading, profitable and largest local telephone company with combined wireline and wireless ope ....
Middle of paper
....o streamline its telecom operation by reducing expenses by $1.1 billion. The article estimates an increase in Earnings per Share from $3.18 to $4.5. GTE’s P/E Ratio of 15 is in par with its competitors.
The detail description of the company’s past performance and current management strategies on telecom operations makes me feel that analysis o.... |
| Word count: 349 |
Page count: 2 |
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