Reposting generically:
How does a huge investment in cash affect a company's return on equity and its sustainable growth rate? As shareholder, would you endorse a large investment in cash? As a senior executive, how would you defend the investment?
How does a huge investment in cash affect a company's return on equity and its sustainable growth rate? As shareholder, would you endorse a large investment in cash? As a senior executive, how would you defend the investment?