A company has the following assets (in thousands of euros): Non-current assets 163; Inventory 70; Customer accounts receivable 134; and Cash 30.

It also has the following liabilities (in thousands of euros): Net equity 187; Long-term debt to creditors 153; Short-term debt to creditors 17; and Supplier accounts payable, 40.

Working capital would be: 177 (current assets - current liabilties)

Operational needs of funds would be: 194 (Inventory + A/R + Cash A/P)

b. What can you say about this companys short-term finances and propose a recommendation for improving them in the future.