Focus Sector, I simply responded to your picking on payables and pointed out that if you’re going to highlight their increase then don’t ignore highlighting the increase in receivables too and if you don’t ignore that then the payables cease to become an issue given that they’re less than the receivables. I suppose you’re an accountant or at the very least understand accounting ratios and if you do then you’d not pick on one and ignore the other. The current ratio is positive and working capital ratio is positive. In your effort to paint the entity as bad, don’t lose your objectivity. Also note that I haven’t spoken about any other parts of the financial statements so don’t direct me to them. I simply responded to your post on accounts payable because it was misleading by failing to factor accounts receivable. They go hand in hand. Thanks
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