Explain why it is dangerous when analysing Balance Sheets to concentrate attention only on movements of cash
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Explain why it is dangerous when analysing Balance Sheets to concentrate attention only on movements of cash balances rather than in working capital.
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Focusing solely on cash balances when analyzing a companys balance sheet while neglecting working capital can be dangerous because it provides an incomplete picture of the companys financial health an...View the full answer
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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