Which of the following statement best reflects the overall performance of Posers?
A) Profits are increasing, cash flow is improving so all is well
B) Although profits are increasing they start from a low base year and there is cause for concern around the management of working capital
C) Although profits are increasing they start from a low base year and there is cause for concern around the management of working capital and the reliance on short term borrowing

Question

Which of the following statement best reflects the overall performance of Posers?
A) Profits are increasing, cash flow is improving so all is well 
B) Although profits are increasing they start from a low base year and there is cause for concern around the management of working capital 
C) Although profits are increasing they start from a low base year and there is cause for concern around the management of working capital and the reliance on short term borrowing

Quizplus · Accepted Answer

While profits are increasing, the fact that they start from a low base year is a cause for concern. Additionally, the management of working capital and the reliance on short-term borrowing are also areas of concern. Therefore, while there are some positive signs, there are also red flags that need to be addressed.

Which of the Following Statement Best Reflects the Overall Performance