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This is a Valuation Master Class student essay by Lim Lee Bin from 15 April, 2018. Lee Bin wrote this essay in Module 4 of the Valuation Master Class. Cash is like oxygen to a company. Regardless of how profitable a company is, if the business is unable to generate cash to cover its creditors, the company will run the risk of bankruptcy and collapse.
Back to the office. And now what am I going to change? It is quite legitimate to ask the question: "After such a huge financial crisis, what will become my treasury department?" In all magazines or newspapers, journalists get us drunk with this post-containment story. The next world would not be the same. That would be the end of the world as we knew it.
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