5 Ways Financial Statements Tell Lenders An Incorrect Story
Be wary of the sales made during the end of the year
It is generally an indicator of the company's poor performance and its inability to maintain and store inventory. There can be huge sales recorded during the end of the year, attributed to stock clearance sales. However, these facts can question a lot about the company's inconsistent growth or performance. When these details are compared with the industry's standards, clear evidence can be drawn.
