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Value-Added Tax (VAT) and Its Importance for Businesses Value-Added Tax (VAT) is one of the most significant indirect taxes imposed on the consumption of goods and services. It is applied in many countries around the world as a reliable source of government revenue. VAT is levied at each stage of the supply chain, from production to final sale, but the end consumer ultimately bears the cost. Businesses act as intermediaries, collecting VAT from customers and remitting it to the tax authorities.

Economic crises such as pandemics, natural disasters, and political conflicts are some of the biggest challenges businesses face. Among these challenges, a liquidity crisis emerges as one of the most dangerous threats that can weaken a company's ability to meet its financial obligations. A liquidity crisis occurs when a business faces a shortage of cash flow needed to cover its day-to-day operational expenses or repay its debts, which can ultimately lead to financial distress or even bankruptcy.

Financial Analysis Financial analysis is a crucial process aimed at organizing and processing a company's financial data to provide information that supports economic decision-making, evaluates business performance, and forecasts future outcomes. Through financial analysis, businesses can gain insights into their financial health, identify strengths and weaknesses, and make informed decisions that align with their strategic goals.