1. TASK: Insert the appropriate word in the text below:
reliance - favorable - indicates - vulnerability - concerns
In Mittex Co the debt to assets ratio which_________how far the company’s assets are financed by creditors rather the investors increased from 0.52 in 2004 to 0.55 in 2005. Such capital structure raises_________and requires the management’s immediate attention. Indeed, the increase in the debt ratio signifies a heavier _________ on debt and thus the company’s_________to downturns. The rising ratio threatens the repayment of the company’s loan which might lead to insolvency.
In Asteria, however, the debt to assets ratio decreased from 0.49 in 2004 to 0.44 in 2005, which is a _________ outcome indicating the company’s increased strength.
2. CHECK YOUR SPEAKING
|
concern |
kənˈsɜːn |
заклопотаність |
|
favorable |
ˈfeɪ.vər.ə.bl̩ |
сприятливий |
|
to indicate |
ˈɪn.dɪ.keɪt |
показувати |
|
reliance |
rɪˈlaɪ.əns |
залежність |
|
vulnerability |
ˈvʌl.nər.ə.bl̩ |
вразливість |
3. SEE CORRECT ANSWER
In Mittex Co the debt to assets ratio which indicates how far the company’s assets are financed by creditors rather the investors increased from 0.52 in 2004 to 0.55 in 2005. Such capital structure raises concerns and requires the management’s immediate attention. Indeed, the increase in the debt ratio signifies a heavier reliance on debt and thus the company’s vulnerability to downturns. The rising ratio threatens the repayment of the company’s loan which might lead to insolvency.
In Asteria, however, the debt to assets ratio decreased from 0.49 in 2004 to 0.44 in 2005, which is a favorable outcome indicating the company’s increased strength.
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