Rapid corporate growth in sales and profits can cause financing problems Elaborate on this statement?
Oftentimes when a business undergoes rapid growth in sales
and profits, asset growth also increases rapidly. It may be
difficult for a business to come up with the funds from suppliers,
the bank, or stockholders in a reasonable amount of time. For
example, if I made $30K profit this year but asset growth was $60K
due to the growth, I would have to find a way to finance the