Putting Cash to WorkLocate and post a recent news story from The Wall Street Journal or other reputable source about a publicly-traded company that has been criticized for its cash management practices and/or the amount of debt it is carrying.
What were the criticisms leveled against the company? Was it accused of being too conservative and hoarding too much cash, or of taking unnecessary risks such as being too highly leveraged?
How did the CFO or CEO address this criticism?
How has the stock performance been impacted by these cash management practices?
Present three recommendations to management to address these criticisms. For example, how the company can improve cash or capital generation in the case of not having enough cash, or how the company can make better use of its cash through capital actions, in the case of cash hoarding.
Post your initial response by Wednesday, midnight of your time zone, and reply to at least 2 of your classmates’ initial posts by Sunday, midnight of your time zone.
1st person to response to
Thiago
Hello Professor JP and Classmates
What were the criticisms leveled against the company? Was it accused of being too conservative and hoarding too much cash or of taking unnecessary risks such as being too highly leveraged?
