Tag: foreclosure
How to make $6 billion and still be bankrupt [I’m talking about the CBA]
The CBA is making a profit and yielding a handsome return on investors' funds, despite not having enough liquid assets to cover its own debt. How can this be? The answer lies in the Balance Sheet – understand it, and in the event of a downturn, you and your business will withstand the worst.
How to make $6 billion and still be bankrupt [I'm talking about the CBA]
The CBA is making a profit and yielding a handsome return on investors' funds, despite not having enough liquid assets to cover its own debt. How can this be? The answer lies in the Balance Sheet – understand it, and in the event of a downturn, you and your business will withstand the worst.
