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We got projects to pay for. How many big budget organizations out there dont hold debt? Lets look at the Feds debt while we at it, or apples. Luckily, this 100B
by thghtihadanacct 4y ago
We got projects to pay for. How many big budget organizations out there dont hold debt? Lets look at the Feds debt while we at it, or apples. Luckily, this 100B surplus is just from this year and that debt gets paid over time ... mostly to people in california.
- gumby 4y agoApple’s debt was entirely to avoid taxes: they had cash overseas and wanted to pay a dividend, but repatriating that cash in order to pay it out would have been expensive, so they simply borrowed against it.