Part one of term 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 wireles ...

Part two of term paper
... key ratios comparing the operating health of GTE with its competitors. The company launched a major restructuring in 1994 and unloaded its electrical products group. The sale of the division fetched $1.1 billion, including the assumption of debt. GTE’s long-term debt has swelled almost 5 times, to $1 billion, since 1994. This drives the Debt-to-Capital Ratio to 61%. Cash flow exceeds interest expense by a comfortable five times. Revenue growth from new and enhanced services increased 35% last ye ...