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You force your mind to study a group of five or so metrics. In this case, you have the balance sheet. Break it down into five categories: the fixed assets, the net working capital, the long term debt, changes in goodwill and intangible assets and leverage.

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The P 47D Thunderbolt was used in World War II as both as both an escort and a low level fighter plane. It was used to provide cover fire and support for larger, heavier bomber planes. It also served as a low level fighter plane and bomber. Source: CenturyLink Q3 2012 Earnings ReleaseCenturyLink generated over $1.4B in operating cash flows during the quarter and $800M in free cash flows. The company ended the quarter with an annualized operating expense synergy run rate of approximately $550 million from the Qwest acquisition. CenturyLink currently expects to exit 2013 with approximately $600 million in annual run rate synergies related to the Qwest acquisition as operating expense savings are being achieved earlier than anticipated.

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