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cash flow issue

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Issue:

Business

 

Written by:

Dennis A

 

Date added:

October 30, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 405

 

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8702 times

 

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Essay content:

1). Cash flow will become an issue for supplies like Spirit, “With the additional 787 delay, S&P said Spirit needs additional capital. At the end of September, Spirit's cash balance totaled $105 million. It also had a $400 million revolving line of credit” (McMillin, 2008, para. 2). “Boeing's delays will not have a material impact on Spirit's 2007 earnings, the company said this week” (McMillin, 2008, para...
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2). “Boeing's delays will not have a material impact on Spirit's 2007 earnings, the company said this week” (McMillin, 2008, para. 6). Spirit stock price has increased despite all the negative publicity. Using bank loans to float the operations, is one way Spirit is getting by. Spirit is gambling on the future outcome of this project, the potential orders from Boeing will have an exceedingly lucrative outcome on Spirit statement of cash flow in the near future...
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