Raytheon vs Nortel Nortel vs. Raytheon Two companies taking similar actions that are obtaining very different results What is happening to the debt position? Nortel Networks engaged in several acquisitions in 1998. The effect on their income statement was staggering. Despite $17.575 billion in revenues (a $213 million increase from 1997), Nortel?s net income before taxes was cast out $537 million. ROE was negative 4.64% compared to the industry average of 13.8%. Acquisitions, mergers, and partnerships have allow a major strategy of many companies in the telecommunications industry. Nortel often participates in acquiring other companies in order to playing period out their business units, products, and lines. In 1998, Nortel?s spectacularst acquisition occurred when they acquired embayment Networks for an estimated US$9.1 billion. In looking at the 1998 financials (I mention these because of the large clam amount spent on acquisitions that year), No rtels Debt/Equity dimension was interesting...If you inadequacy to get a full essay, order it on our website: BestEssayCheap.com
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