Company G is one of the most spectacular success stories in the history of business. Company enjoyed profits during 2000’s. However the expenses are also growing even faster. The slowing profits did not reveal any deadly deficiencies but the decline was definitely a wake-up call that highlighted the need to change to the next stage of organizational development. It has observed that financial and accounting functions plays an important role to transform into a major corporation with stable finances. They tackle the expenses at three levels they are employee perks, project investment and staffing. These efforts to install cost- control system and more sustainable development yielded impressive results. Characters in case: Company G To discuss: Whether an increased current ratio makes more or less of a credit risk of Company G in the eyes of its potential lenders.

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Chapter 17, Problem 3CTQ

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Company G is one of the most spectacular success stories in the history of business. Company enjoyed profits during 2000’s. However the expenses are also growing even faster.

The slowing profits did not reveal any deadly deficiencies but the decline was definitely a wake-up call that highlighted the need to change to the next stage of organizational development. It has observed that financial and accounting functions plays an important role to transform into a major corporation with stable finances.

They tackle the expenses at three levels they are employee perks, project investment and staffing. These efforts to install cost-control system and more sustainable development yielded impressive results.

Characters in case:

Company G

To discuss: Whether an increased current ratio makes more or less of a credit risk of Company G in the eyes of its potential lenders.

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