The danger of high growth combined with a large non-cash working capital base: A descriptive analysis
A high growth rate may not be the ultimate measure of a successful company. This article shows that growth at too high a rate, for a company with a high non-cash working capital component, may lead to financial difficulties. While the income statement of a company is based on the accrual of income a...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
AOSIS
2002-03-01
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Series: | South African Journal of Business Management |
Online Access: | https://sajbm.org/index.php/sajbm/article/view/696 |