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Hi sir,in my textbook, regarding the indicators of going concern , i dont understand 2 indicators.
– unplanned sales of non current assets: Indicates an inability to generate cash from other means and since non current assets generate income, cause a decline in income.
What do they mean by an inability to generate cash from other means ? I dont understand.
– Failure to pay the staff : indicates a significant lack of working capital
What has paying staff got to do with working capital sir ?
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