Results (
English) 2:
[Copy]Copied!
- Inventories are very high proportion of short-term assets and that increases the cost of storing this will make much impact on the profitability of the business, so companies need to have the appropriate measures to adjust inventory levels accordingly. Prices of steel products in the country are constantly evolving medium also creates opportunities not create difficulties for the company, if the company exists too many items in stock that steel prices in the domestic and foreign steel, the reduction of a lot of companies will bear the cost of warehousing and interest on bank loans, which is what led the company should have the right to decide at least reduce the damage to the company.
- on the equipment also need to pay attention to invest more suitable equipment to meet current business needs and long term.
- effective use of relatively low fixed capital needed to further improve the business more efficiently.
- financial reporting system the company's main incomplete, reality in the financial reporting system of the company include: the results of the business report, accounting balance sheets, and notes to the financial statements that lack flow statement money. Cash flow statement will show the amount of cash flow of the business through the payment of collection and payment of the production and business activities, investment and financing activities in a certain period of business . So when lack of cash flow statement the company executives will not grasp the information to assess the ability to generate cash, cash equivalents and the needs of businesses in the use of the funds.
Being translated, please wait..
