In 2008, I was invited to give a strategic overview to a board meeting. One observation that I worked into my presentation was, "the assets aren't generating any net cash flow before interest expenses." One of the directors asked me to clarify, "Do you mean after interest expenses?"
How Leverage Kills
How Leverage Kills
How Leverage Kills
In 2008, I was invited to give a strategic overview to a board meeting. One observation that I worked into my presentation was, "the assets aren't generating any net cash flow before interest expenses." One of the directors asked me to clarify, "Do you mean after interest expenses?"