Description:Â Corporate borrowing costs are rising at the fastest pace in more than two months on concern that worsening government finances will slow the global economy and make it harder for companies to meet debt payments. Source: Bloomberg.com Date: 02/08/2010 Link: http://www.bloomberg.com/apps/news?pid=20601103&sid=auWwLKPsLRFM Questions for discussion: Summarize the report and the impact this trend will have… Read more »
Posts Tagged: Budgets
GM ends pay cuts for salaried workers
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:Â 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.
Costs of the minimum wage hike
The new minimum wage may mean higher prices for consumers as companies pay for higher payroll costs. Source: CNNMoney – video report Date: 7/24/2009 Keys: Budgeting, cash flow, expenses, working capital Link: http://money.cnn.com Questions for discussion: How might management of the food store respond to the rise in the minimum wage? Rank your choices starting… Read more »
