As I checked with the customer document and their information. I have any concern and would like you to re-consider.
1. F.T. Sales and Services Co.,Ltd is not Professional Cleaning Co.,Ltd but their registered address and owner are same.
- In this case I would like to know their reason for their separation?
- In this case I would like to know, how to identify the assets by each company?
2. For the place of delivery.
- Where is the place of our delivery , 1 place or many place ?
- Due to the place for operation of F.T. Sales and Professional are same, how to protect the rights of our product from Professional.
3. As consider with F.T. Sales financial ratio comparsion
- Current and Quick ratio is very low when compare with their business who always receive cash.
- Avg Payment Period ratio of Y12 and Y11 jump from 21 days to more than 100 days that it measures their efficiency of debt collection was derceased.
- Account Payable Turnover ratio of Y12 and Y11 was reduced from 17% to 3% that it measures they has been credited by the creditor at a lower rate.
- Their Net Profit Margin for 5 year ago were very low.
- Their Debt to Equity continuous increase that it measures their capital structure is supported by debt increase.