Question
As should be recognizable from the review, people in the entire circumstance resemble that Ren Kelly as the president of RL Industries, Erin Lourdes as
As should be recognizable from the review, people in the entire circumstance resemble that Ren Kelly as the president of RL Industries, Erin Lourdes as the director of public relations, Myself, as the director of Turnbull Industries, Shareholders of Turnbull Industries, Potential Investors in Turnbull Industries 2. The president, Ren Vaudreuil's activity isn't just unscrupulous yet in addition tricky. He has chosen and featured the proportions that portray a positive image of the organization. He didn't unveil the data about the obligation to resource proportion incensement from 35% to 55%. It is a sign that the organization might be in monetary misery and unfit to pay its obligations. Besides, the organization's inventories are up 89%. Assuming that there is abundant stock, the organization is restricted with products. It's anything but a decent sign for the company. in the since a long time ago run there will be a liquidity issue or the stock may be lifeless. 3. At long last, as the regulator, I am liable for the information that has been distributed, as my name will likewise be given as an editorial manager. This will hurt the organization's picture and settle for the easiest option as I am a piece of the extortion. Along these lines, I ought not to stay quiet. Erin as a director of public relations has a lot of responsibilities to protect the company's reputation.
from the above. read the paragraph and answer the below question
QUE: I partially agree with your point that, the company is already facing liquidity problems but I couldn't guess whether it's from a recent or a long period ago. Not only liquidity issues but also high gearing ratio is there in the company. I believe that may be the reason The president wanted to reveal only positive financial information to the public in order to gain some financial support through new investors. Could you please explain what action will take as the controller in this situation?
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