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Enterprises Tax Burden Analysis From The Russian And European Experience Perspective

Table 2:

Indicator The correlation coefficient with a tax burden indicator Feature according to Cheddoke scale
Inventory turnover in days -0,46 Weak negative
Accounts receivable turnover in days -0,12 Very weak negative
Accounts payable turnover in days 0,26 Very weak positive
Operating cycle -0,48 Weak negative
Financial cycle -0,21 Very weak negative
Profitability of sales 0,69 Average positive
Return on equity 0,83 High positive
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