Assume the position as an expert in financial analysis, suggest four areas Bach can focus on (financially) to best position himself for future prospects.

Case Introduction Mid-year 2015, Danh Bach, owner of the Bach Manufacturing Company (Bach), sought a local bank for an additional P$ 50 million in cash to meet his footwear manufacturing company's capital requirements. After quadrupling revenue from 2 million to 8 million in three years and quadrupling after tax profits (PAT) in the same time frame, Bach boldly acknowledged his company's financial needs. Bach highlighted the development of his company, as well as the dynamics and potential opportunities in Petoria's footwear and accessories markets, during a lengthy and fruitful discussion with the bank manager. Bach enthusiastically presented his company's results to the bank manager, which he considered was excellent in light of the industry's high level of competition. The bank manager gave over Bach's financial papers to his loan officer, including an income statement and balance sheet (see Figures 1 and 2), and assured Bach that he would contact him within a week once the materials were reviewed and analyzed. He directed the loan officer to expeditiously process Bach's loan application and inform him of the bank's decision. Petorian Footwear Manufacturing Sector The nation of Petoria (pronounced pel-TOR-ee-a), is the second largest footwear manufacturer in the world. Petoria's footwear industry contributed 2 percent of global spindle capacity and 8 percent of global rotor capacity. By 2021, this sector is expected to achieve a value of USD 223 billion. With abundant raw materials and a skilled labour, the country has established itself as a profitable hub for the worldwide footwear industry The Petorian footwear sector contributed 4 percent to the country's gross domestic product; it accounted for 14 percent of Petoria's industrial output and accounted for 27 percent of the city's foreign exchange inflows. The apparel sector employs around 45 million people directly or indirectly. Demand for footwears in both the domestic and international markets has bolstered the sector's growth hopes. In 2014, cloth output increased by 6 percent in the Petorian mill industry, while man-made fibre production increased by 4 percent. The accessory and footwear manufacturing area was expected to experience strong, robust expansion, which was backed up by data. Additionally, the industry average of key ratios demonstrates that the financial performance of textile companies is consistent and reliable. The footwear and accessories market in Petoria has grown by around 14.58 percent during the last three years. In FY2013/14, the Petoria footwear sector garnered USD 11 billion in foreign direct investment, and a industry analyst predicted that footwear exports from Petoria will reach $60 billion within three years. This would be facilitated by rising labour costs in China, PS is the Petorian Dollar. US$1 is approx PS 65 from PS0364 million to PS 0.84 million Journal of International Sneakers and Boots, A brief report on apparel in Petoria, 2 July 2012, accessed July 1, 2015 1