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How would you respond if a director/ CEO tells you: The companyperformed remarkably well this year. You be the judge - our depreciation policy enabled
How would you respond if a director/ CEO tells you:
"The companyperformed remarkably well this year. You be the judge - our depreciation policy enabled us to generate 50% more EBITDA than last year. Our working capital has increased sharply, due to a more generous customer credit policy (three months instead of two) and to a significant increase in our inventories."
What is your response? What advice would you give?
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