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Assume you are tasked to perform a due diligence for a company. As you are going though their financials, you notice that the income statement

Assume you are tasked to perform a due diligence for a company. As you are going though their financials, you notice that the income statement is positive, but the business has no cash. What it is the most likely scenario that is happening to that company? How would you advise your supervisor? You may also post and comments on some articles about due diligence.

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