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The Mountainarious Sporting Co. was founded by Steven Donnie after a lot of perspiration and hard work. Initially it started off with bits and pieces when finally Donnie decided to take it large scale. Finally Ronnie decided to expand the store and thus asked for loan from the bank to fund the expansion of its store.
The financials of the company apparently tells a story which speaks about positivity and strength in the future trend of the company. The rising turnover for the company gives a scenario of better prospects but the concern also rises on the profitability and cash flow trend of the company which seems gloomy and hazy at times. Despite the rising turnover, the profitability and cash flow of the company has been decreasing and thus it poses a threat on the company’s liquidity in the future. We will see a detailed analysis further below
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