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Question - Consider the dilemma you might someday face if you are the chief financial officer of a company that is struggling to maintain a positive cash flow, despite the fact that the company is reporting a substantial positive net income. Maybe the problem is so severe that there is often insufficient cash to pay ordinary business expenses, like utilities, salaries, and payments to suppliers. Assume that you have been asked to communicate to your board of directors about your company's year, in retrospect, as well as your vision for the company's future. What major points would you write in a memo that expresses your insights about past experience and present prospects for the company? Note that your challenge is to keep your integrity intact, while putting a positive spin on the situation, as much as is reasonably possible. How can you envision the situation turning into a success story?
ACCG308 Corporate Accounting and Business Advisory Assignment Help and Solution, Macquarie University - Assessment Writing Service
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