Effects of working capital management on the profitability of Portuguese manufacturing firms Sónia Silva* sonia@eeg.uminho.pt Florinda Silva** fsilva@eeg.uminho.pt July 2012 Abstract This study provides empirical evidence about the effects of working capital management on the profitability of Portuguese manufacturing firms. A database covering the period 1996-2006‚ collected from Portuguese Statistical Office‚ is analyzed under panel data methodology. In line with previous research
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the Decline of the Laptop Abstract On September 8‚ 2011‚ Gartner‚ Inc. lowered its forecast for personal computers for the remainder of 2011 and 2012. Based on the recent surge of tablet PCs‚ personal laptops are experiencing a decline as consumers hold onto their laptops longer or replace them completely with tablets. Increased mobility and a need for social media may be two of the forces driving consumers to choose tablets over laptops. This journal seeks to explain the decline in laptop
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Global Cosmetics Manufacturing Industry Over the past five years‚ the Global Cosmetics Manufacturing industry has experienced steady growth. According to IBISWorld industry analyst Nikoleta Panteva‚ "The past five years have been no exception‚ despite declining per capita disposable income in key markets." Industry Analysis & Industry Trends: The global cosmetics industry is broken down into six main categories; skincare being the largest one out of them all‚ accounting for 31 percent of
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Alchemy‚ How It All Started Alchemy is an interesting subject to learn. In fact‚ chemistry and even the periodic table were all started because of alchemy. Alchemy is mostly known as magic and all the fictional stuff‚ but in all honesty. Alchemy is much more than that. Now that brings the question‚ what is alchemy and how has it been attempted? Well‚ you’ve come to the perfect person! What is alchemy? Alchemy is when a person try add some basic materials from the periodic table and see what it
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pesticides that are causing harm to our environment and wildlife. Even humans can be affected by such contamination in the water supply‚ and it can turn out to be very harmful. Both of these factors are the leading suspected cause of frog mutation and decline in their population. There are many smaller factors that go hand in hand with one another are caused specifically because of our actions‚ even though they do not directly cause these results they help speed up the process. As a first thought most
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At a period of 100 years the empire would elect 37 emperors‚ 25 of whom were murdered. The internal turmoil of the Roman government resulted in the depreciation of national pride and faith in the government‚ which ultimately sponsored the empire’s decline and final
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the choice of two special paint colors taken from the New Beetle. Production in Brazil ended in 1986‚ then started again in 1993 and continued until 1996. Volkswagen sold Beetle sedans in the United States until August 1977 (the Beetle convertible a.k.a. Cabriolet was sold until January 1980) and in Europe until 1985‚ with private companies continuing to import cars produced in Mexico even after production of the beetle had ended. The Beetle lasted longer than most other automobiles which had copied
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disease spreading in the cities. The late middle ages were the ending of something old and the beginning of something that most hoped was better. The decline of the middle ages was the result of famine and plague‚ decline of the papacy‚ and the hundred year’s war. The middle ages declined in part because of famine and plague. The famine started in the early 14th century when the climate in Europe changed to a colder and moister climate. These cooler temperatures and wetter seasons resulted in a
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which in turn would improve the quality of life for the middle class and peasantry. A final supporter of industrialization was Wheeler and Co.‚ which praises the industrious spirit of Manchester in the preface to an 1852 business directory‚ shortly after Manchester was granted a royal charter as a city. The authors owe the fruits of the city’s labor to its “energetic exertions and enterprising spirit‚” which is an unrealistic description of the motivations of the working class‚ and the preface was
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The Decline and Fall of the Romanov Dynasty In 1894‚ Tsar Alexander III died suddenly of Kidney failure at a very young age. His son‚ Nicholas II took over the position (he was only 26) through succession‚ not knowing that he would soon become the tsar who brought the Romanov rule to an end after more than 300 years of autocratic rule. The same year‚ Tsar Nicholas married Princess Alix (Alexandra) of Hesse-Darmstadt. The marriage was a love match. The couple were a perfect example of complete love
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