1 Cash ratio (L1)As it can be seen in Table 3 for descriptive characteristics of the cash ratio inthe period 2000-2009 there was analyzed a total number of 6286 enterprises from a totalof Slovak agricultural subjects. This number does not match the number of tradingcompanies in Table 1, because of companies with inconclusive value of liquidity(negative and zero) were excluded from the analysis. In individual years there wereachieved optimal values, the relative values were most stable in the years 2000 to 2003as it is described by the average and median values in Table 3.Next years were typical expressive increase in liquidity by the year 2007, whena stagnation of growth happened and then in 2008 a expressive decrease in liquidity tookplace. This condition was associated with the economic situation in the country andpaying subsidies by the end of the year. For example in year 2006, the payment periodran from 01.12.2006 to 31.6.2007. The situation has again slightly improved in 2009, butdid not receive values years 2003-2007. The reason was the influence of a higher debtratio of property trading companies because they are more worthless in term of the profitand return loans, and therefore they have better access to loans and the banks give themloans to a greater rate than cooperative farms.Position and development of indicator L1 is also possible to assess upon thevalue of the minimum, maximum and margins range. While in 2000-2003 it ranged from1.36864 to 1.70655, from 2004, this value step by step increased to a value of 5.39385 in2006, when after that period, alternately risen and fallen, and achieved a value of4.09383 in 2009, which means the difference between the maximum and minimum valueof liquidity in the group of trading companies. Last two columns display the fact that50% of enterprises with non-extreme conditions is in the interval from 0.0435304 to0.459014Table 3 Descriptive characteristics of indicator L1 for each yearYear Count Average MedianStandarddeviationCoeff.ofvariationMinimum Maximum RangeLowerquartileUpperquartile2000 539 0,26059 0,112708 0,347362 133,298% 0,00781024 1,71436 1,70655 0,044286 0,2940232001 570 0,220731 0,0903755 0,305934 138,6% 0,00677296 1,50286 1,49608 0,0339945 0,2563992002 583 0,218789 0,0868956 0,316619 144,714% 0,00435199 1,84781 1,84346 0,0306102 0,2430132003 660 0,199622 0,0780103 0,287922 144,234% 0,00295058 1,37159 1,36864 0,0249396 0,2335122004 624 0,44189 0,192601 0,589576 133,421% 0,00666414 2,95842 2,95175 0,0570909 0,5879762005 689 0,555495 0,285809 0,709345 127,696% 0,00923904 3,86957 3,86033 0,0977151 0,6872452006 673 0,612188 0,240336 0,910335 148,702% 0,0078155 5,39385 5,38603 0,062037 0,7301662007 697 0,597166 0,234938 0,881094 147,546% 0,00667736 5,00148 4,99481 0,0643736 0,69042008 619 0,515331 0,157506 0,904527 175,524% 0,00352755 5,32258 5,31905 0,0401646 0,4659092009 632 0,424132 0,120156 0,75832 178,793% 0,00266058 4,09649 4,09383 0,0308902 0,405033Total 6286 0,41351 0,145303 0,68122 164,741% 0,00266058 5,39385 5,39119 0,0435304 0,459014Source: own processing (authors)Following Boxpolot analysis (Figure 1) it can be stated that from 2000 to 2003there was achieved a low level of liquidity L1 and its process was sluggish character. In163
the year 2004 the change in the level of liquidity occurred, when the average value of theindicator rose more than doubled and this trend was maintained until 2007. Except anincrease of average value there was also an increase in range of more than 50%, buta minimum value of liquidity has remained the same. The change occurred in year 2008and not even in year 2009 the level of liquidity did not increase.Fig. 1 Boxplot for cash ratioYEAR20002001200220032004200520062007200820090 0,5 1 1,5 2L1Source: own processing (authors)2 Current ratio (L2)Indicator of cash ratio is closely connected with indicator L2, so current ratio,which is extended about short-term debt in the numerator. This also related with resultsof higher values of descriptive characteristics of the L2.As shown in Table 4 about current ratio, the number of companies analyzed inthe period 2000-2009 has not changed. Average and median describe in the period 2000––2003, that there reached slow upthrow of value current ratio. Since 2004 there has beenexpressive increase in liquidity. Consequently in 2007 there has been stagnation ofgrowth of liquidity and then in 2008 and 2009 slight decrease L2.State and development of the indicator L2 is also possible to assess upon thevalue of the range. While in 2000-2003 there was range from 3.47594 to 4.3202, since2004, this value step by step increased to the value 9.89902 in 2007 and second bestvalue was achieved in 2009. Upper and lower quartile deal that 50% of enterprises withnonextreme conditions is in the range from 0.397258 to 1.43886.164
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5/54Zeszyty NaukoweSzko³y G³ówne
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RADA PROGRAMOWABogdan Klepacki (SGG
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Rizovová Beáta, Gašparíkov Vero
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Według średniego wariantu szacunk
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Kluczowa dla zrozumienia możliwoś
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Deklaracji w zakresie praw politycz
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ezpieczeństwa żywnościowego powi
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zbóż drastyczne wzrosły z dużym
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11. Międzynarodowy Pakt Praw Gospo
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Figure 1. Structure of sales area s
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Figure 3. Structure of retail sales
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etail sector is also particularly i
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• modernity - the introduction of
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time, place and form. Trade respons
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The retailer must sometimes very qu
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equipped with a pretty clear sign t
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them. Also, very often the wrong wa
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liquidated. Currently, fruit and ve
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5 (54) 2011Jarosław GołębiewskiZ
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nowe formy zawierania transakcji, o
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koszty połączeń internetowych or
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on ewoluować z poziomu taktycznego
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Rysunek 1. Model 3iUczciwość mark
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produkcji, system informacyjny, sys
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hiperkonkurencja, problemy środowi
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5 (54) 2011Ing. Katarína Kleinová
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Why is it important to have a good
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oles in international relations, tr
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Scheme 2 Do you think that the inha
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REFERENCES[1] GfK USA. 2011. The An
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potrzeba przetrwanie skutków globa
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Rysunek 2. Liczba zakładów ubezpi
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Wzrastający udział w rynku stanow
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W 2002 r. poprzez placówki bankowe
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Portugalii, czy Włoch, gdzie udzia
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companies from the Polish Financial
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The increase in advertising expendi
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memo ability ads an advertisement b
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the sales can be find out from the
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5 (54) 2011Ľubica Kubicová, Zdenk
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Graph 1: Consumption of Milk and Da
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Graph 3: Consumption of Yoghurt per
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On the basis of the income elastici
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Producers of Activia Sweet Strawber
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ConclusionWhen the new product come
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them in the best possible way with
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"The integration of business practi
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DJSI indexes belong to the world's
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space for staff training in this ar
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Policy to the community:11. Does yo
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SummarySocial responsibility and et
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prowadzi do zwiększenia bieżącej
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ozwijające się wskazują na wyst
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wykorzystanych w dalszej części o
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Tabl. 1. Wyniki oszacowania paramet
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8 16,4 83,6 24,1 75,910 22,1 77,9 2
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- Page 115 and 116: Literatura1. Diamond P.: National d
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- Page 131 and 132: 14. Pilarczyk B., Nestorowicz R., M
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- Page 141 and 142: CostsImportance ofmedia withincommu
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- Page 145 and 146: Own surveyFor processing the proble
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- Page 149 and 150: Information about authorsIng. Veron
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- Page 155 and 156: Table 2 shows agrarian commodities
- Page 157 and 158: Contact AddressIng. Patrik Rovný,
- Page 159 and 160: welcomed by agrarian producers with
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- Page 163: Table 1 Structure of agricultural e
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- Page 171 and 172: 5 (54) 2011Dušan ŠimoForeign trad
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- Page 181 and 182: Figure 2. The website of the citrus
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- Page 209 and 210: 5 (54) 2011Marián TóthImpact of C
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Figure 3Profit/hectare of agricultu