question archive The financial director of a company makes the following comments: “The company performed remarkably well this year
The financial director of a company makes the following comments: “The company performed remarkably well this year
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The financial director of a company makes the following comments: “The company performed remarkably well this year. You be the judge – our depreciation policy enabled us to generate 50% more EBITDA than last year. Our working capital has increased sharply, due to a more generous customer credit policy (three months instead of two) and to a significant increase in our inventories.” What is your response? What advice would you give?
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