Posted by & filed under Uncategorized.

Description: Automaker restores white-collar staff’s paychecks after temporary reductions made four months ago.

Source: CNNMoney.com

Date: 9/11/2009

Keys: Cash flow, budgeting

Link:  http://money.cnn.com/2009/09/11/news/companies/gm_ends_pay_cuts.reut/index.htm?postversion=2009091111

Questions for discussion:

  • Why is this news significant for GM? Explain your answer.
  • What does this suggest about operations and cash flow? Explain your answer.

Leave a Reply

Your email address will not be published.