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Unformatted text preview: 2007, 2008 and 2009 respectively. Gross and Net margins have actually declined in years 2007, 2008 and 2009. The Operating expenses have increased each year. The company is not heavily in debt, but their debt is increasing every year. With almost $7 million in cash and current assets significantly higher than current liabilities I feel they are in a comfortable position to pay expenses and finance the development of new product and information systems....
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This document was uploaded on 01/19/2012.
- Fall '09