Started By
Message
re: Alabama athletic department was over 207 million dollars in debt last year
Posted on 1/29/13 at 8:22 pm to Crompdaddy8
Posted on 1/29/13 at 8:22 pm to Crompdaddy8
Just out of curiosity how much outstanding debt do you think Apple has? Walmart? Nike?
1
Posted on 1/30/13 at 9:34 am to crimsonsaint
"Just out of curiosity how much outstanding debt do you think Apple has? Walmart? Nike?"
Poor examples. Apple has no long-term debt (neither does Microsoft) and has 15 BILLION cash on hand. These companies are making money faster than they can accumulate debt (spend it). That's why they are constantly buying other companies. If they don't, shareholders will clammor for increased dividends (a bad idea if you're a company type, but good if you're a shareholder!
Poor examples. Apple has no long-term debt (neither does Microsoft) and has 15 BILLION cash on hand. These companies are making money faster than they can accumulate debt (spend it). That's why they are constantly buying other companies. If they don't, shareholders will clammor for increased dividends (a bad idea if you're a company type, but good if you're a shareholder!
This post was edited on 1/30/13 at 9:37 am
Page 1 of 1
Popular
Back to top
Follow SECRant for SEC Football News