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Usually, the financial manager is responsible for the financial accounts whitin any company because they show company’s success or distress depending upon the expected versus

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Usually, the financial manager is responsible for the financial accounts whitin any company because they show company’s success or distress depending upon the expected versus an actual results. Too, these statements/accounts are entailing the company’s income along with cash flow testimonials reported on the firm’s balance sheet. Hence, the business holders gain significant understanding in regards to productivity, performance, supply exhaustion and practicality respectfully. Moreover, financial manager can tell if the company is in the distress by analyzing the balance sheet, which shows proportionally if company has more possessions rather than obligations. Too, a disturbed company has cautioning signs such as: MCclure (Mar 12, 2018). Consequently, a good manager should always monitor the following guidelines: , . Reference MCclure (Mar 12, 2018). Investopedia. Retrieved from

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