How does a company decide how to use their funds?
1 Answer(s)
Binny
Many companies do use part of their cash to pay down debt. But they will never use most of their cash for paying debt because, the company can use that cash for far better purposes - like investing in new products, hiring great employees etc - these investments will pay rewards that are far greater than cash spend on paying down debt,
Feb 11 2013 12:42 PM