Discussion post. APA 200 words.

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Business Finance

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What could a financial manager look at to determine whether his company is successful or in distress? Give an example of a success or distress in today's business world.

APA, at least one reference. 200 words.

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Question: What could a financial manager look at to determine whether his company is
successful or in distress? Give an example of a success or distress in today's business world
Financial distress is the situation where a business is unable to meet financial
obligations. Finance officers play a pivotal role in business not only to ensure that the financial
needs of the firm are satisfactory met, but also to ensure profitability (Kidane, 2004). These roles
can only be performed efficiently when the finance officer possess the knowledge and skills to
assess and predict the general direction of the firm regarding su...


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