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Ngozi is a new manager at Vallee Manufacturing and she found that the company has added $1 million in debt recently to their account. This
Ngozi is a new manager at Vallee Manufacturing and she found that the company has added $1 million in debt recently to their account. This debt total is troubling to Ngozi, and she's been hired to help reset the business. What should she do first?
- calculate appropriate ratios and compare them to other manufacturing companies
- implement spending controls on all management teams
- revise the entire company budget
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