Balance Sheets!
Happy Easter all! Not sure about you guys but I prefer Easter a little later in the year, as I do enjoy a good BBQ and beer. It looks like Easter is going to be a dank affair, however, we should all make the most of it if you are lucky enough to be off for four days.
Now I am only asking the question here, as I am not sure of the answer - Has anyone else noticed that from mid March to April 1st, there always seems to be a slow down/postponement of orders and payments - Now I have heard that companies do this to keep the cash balance high at the end of the financial year, as it improves the balance sheet.
If indeed that is the case, surely the practice must cost the country billions in lost revenue???
Nothing to get too hot under the collar over, but I would like to know whether its fact or fiction, so your opinions would be much appreciated.
Pas Safe Solutions
6 年I don’t know whether it’s down to boosting balance sheets but I would say there is a certain slow down! Whether that’s due to money drying up or as you say people boosting balance sheets.