4 ms·
So much wrong with this line of thinking. 1) They're also facing increased costs. 2) Most companies are by no means "flush with cash". 3) Cash is fleeting but t
by econ101time 4y ago
So much wrong with this line of thinking. 1) They're also facing increased costs. 2) Most companies are by no means "flush with cash". 3) Cash is fleeting but the need for capital is always hanging over your head. Even if you pride yourself on bootstrapping your business and not needing much in loans or additional investment, one or two bad quarters can quickly leave you with no choice but to get loans or sell equity.
- Retric 4y agoBased on what evidence do you think companies aren’t flush with cash? Every indicator shows US companies have cash reserves vastly above historic levels. This isn’t about year to year changes. Start looking back to say the 1990’s and the difference is huge.