It takes the average reader and 22 minutes to read Financial analysis of Lukoil by Billy George
Assuming a reading speed of 250 words per minute. Learn more
Seminar paper from the year 2012 in the subject Business economics - Accounting and Taxes, grade: A, Monash University Melbourne, language: English, abstract: Despite the fact that share price is not the best indicator of firm’s financial performance because of the fact that many others factors including speculation impact the share price of any company, in the long term, it is a strong manifestation of the firm’s performance in the market and its appeal to the investors. Quite visibly, the company’s share price was peaking at a level of 2450 during the second quarter of 2008, which could be marked as the last few months of the economic boom and after which, when recession impacted Russia during the first quarter of 2009, the share prices of Lukoil plunged to the lowest level of 749. However, the economy of Russia has been quick in recovering, unlike Europe, which due to its debt crisis is predicting a double dip recession. As the graph reveals, Lukoil’s share price has now restored to the similar level where it was during the first quarter of 2008.
Financial analysis of Lukoil by Billy George is 22 pages long, and a total of 5,544 words.
This makes it 7% the length of the average book. It also has 7% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 30 minutes to read Financial analysis of Lukoil aloud.
Financial analysis of Lukoil is suitable for students ages 8 and up.
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