Financial Analysis of GlaxoSmithKline Liquidity Ratio 1. Current ratio Year | 2007 | 2008 | 2009 | 2010 | 2011 | Current Ratio: | 4.64 times | 2.96 times | 3.11 times | 2.59 times | 2.05 times | Interpretation: In 2011‚ the company’s current assets were 2.05 times the current liabilities. The current ratio has been decreasing significantly over the years and this clearly indicates that the current ratio is not in a good shape. In 2011‚ although the current assets have increased
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awash with stories of how silver can be used to treat cancer. Now‚ lab tests have shown that it is as effective as the leading chemotherapy drug - and may have fewer side-effects. Results from the study at the University of Leeds‚ published in Dalton Transactions‚ show that particular silver compounds are as toxic to cancer cells as the platinum-based drug Cisplatin‚ which is widely used to treat a range of cancers. But the crucial difference is that silver is thought to be much less toxic to
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Reorganizing the Woody Company � PAGE * Arabic �1� Reorganizing the Woody Company: A Strategy for Growth University of Phoenix � Background Woody Company is a small sole-proprietorship that specializes in the manufacture of high quality bar stools. Currently‚ three types of bar stools are marketed with increases in standing orders currently reaching $750‚000. Mr. Woody has decided to expand his organization to and aggressively pursue the market‚ but realizes that issues with defective wood
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4.1 INTRODUCTION GSK Bangladesh Limited has been an active part of the pharmaceutical scenario of Bangladesh for a long time now. In Bangladesh‚ its functions are surrounded by 3 basic categories of pharmaceutical products. These are: a) Locally manufactured pharmaceutical products like Ventolin‚ Berin‚ Kefdrin‚ Amoxil‚ Dermovate‚ Zantac‚ Lamictal etc. b) Imported pharmaceutical products like Alkeran‚ Leukeran‚ Seretide etc. c) Vaccines like Engerix-B‚ Havrix‚ Hiberix‚ Varilrix etc
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Is a discovery an invention or is an invention a discovery? This is one question that can probably never be answered. A discovery can be defined as something which already existed‚ and is excavated after one notice’s it or proves its existence . Invention is the creation of something which didn’t exist before it was created by a genius mind . For instance‚ Newton discovered the existence of gravity when an apple fell on his head. It did exist before Newton realizes its existence‚ but
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Reorganizing ABB From Matrix to Customer-centric Organization Structure ©BMAN72631 Cohort 1 Group 3 Xu Anyue; Zhao Shuyi; Zhou Tianxiang; Li Mengdie; Qu Yang Contents Background Introduction Discussion Questions 1. What were the stages of transformation of ABB’s organisational structure? 2.What triggered the changes and to what extent were these organisational structures appropriate for the purpose? 3.How did these changes affect the autonomy of subsidiaries? 4.In what ways did the changes affect
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a major drug in modern society. This drug has risen to be an important drug because of its discovery‚ and the development of the antibiotic. Penicillin could not cure so many people if it was never discovered. Accidents are a major factor of how many discoveries are made‚ the accidents will usually then lead to further research. Jesse Lane from “Not-So Dumb Luck states”‚ “Necessity is not always the mother of invention; sometimes it’s happenstance that begets the most amazing discovery” (121).
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unparalleled rate of scientific discoveries. In fact‚ there were so many new gadgets invented and discoveries made in the last century that it’s difficult to write the list down. However‚ I think I can say ten innovations or technologies that have had the greatest influence on humanity—both positively and the negatively. First of all‚ I want to remember penicillin: this drug (eventually group of drugs) was discovered in 1928‚ it opened the door to the discovery of antibiotics. Penicillin remains
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Discovery of Antibiotics “Penicillin” As we know‚ the 19th and 20th centuries were among some of the most drastic years the United States experienced. While we often look at it as a time of bad and wrong decisions‚ there were many positive things that came from them. The most prominent of them were the number of discoveries and inventions that took place and were of great benefits then and now. One of those was the discovery of antibiotics in 1928‚ by Dr. Alexander Fleming. Before this discovery
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Was the discovery of penicillin an accident? Who really discovered penicillin? Many believe that penicillin was discovered by Alexander Fleming‚ although he sparked the research for penicillin‚ he wasn’t the first. Penicillin had and still does have an effect on the medical world. Penicillin has a very rich history behind it‚ and it is still used world round. One significant story that led to the discovery of penicillin was the one of Alexander Fleming. Although Alexander Fleming is credited for
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