What is the biggest problem facing our nation today?

WVUBRU

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Aug 7, 2001
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I've forgotten more about finance than you'll ever know. Degrees in Accounting, an MBA and financial consultant for more years than I want to acknowledge.

Net income impacts Retained Earnings during closing. If you pay dividends, Retained Earnings are adjusted (debited). If you accumulate net income, Retained Earnings (credited) grow. Cash isn't the same as earnings, but the argument was that companies are hoarding cash. That excess cash in the form of undistributed earnings is reflected in Retained Earnings. Companies either use cash for expenses, invest cash or pay dividends/buyback stock. If a company isn't investing, the potential projects ROI does not meet their targets. To just sit on cash is viewed negatively by the street since it signals a lack of growth opportunities.

Good luck with that claim. And you have already proven you know nothing but you are good about lying about a resume. LMAO
 

WVUBRU

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Maybe the Troll will break out some T accounts. He needs to because for someone with a socalled accounting degree and an MBA, he sure flunked with his description above. LOL
 

WVPATX

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Jan 27, 2005
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And here is another finance lesson. Corporations rarely buy back their own stock simply because they have excess cash. They often buy back their stock and yes, normally they will do it with Cash Reserves. But that isn't the reason they are making that decision.

You did get one of three somewhat correct. Corporations will pay out dividends but again that is more often dictated by the corporate charter than a decision that comes at the whim of a few people making a decision.

You sir are truly a fool. Companies that have excess cash buy back stock all the time if they believe it to be undervalued. Companies with excess cash can also pay dividends unless they have extraordinary growth opportunities which would create even more shareholder value. Both are viewed positively by the street and will increase shareholder value generally speaking. Not sure what a corporate charter has to do with this, the Board of Directors would approve all dividends and stock buybacks. They would also approve all capital expenditures.
 

WVUBRU

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You sir are truly a fool. Companies that have excess cash buy back stock all the time if they believe it to be undervalued. Companies with excess cash can also pay dividends unless they have extraordinary growth opportunities which would create even more shareholder value. Both are viewed positively by the street and will increase shareholder value generally speaking. Not sure what a corporate charter has to do with this, the Board of Directors would approve all dividends and stock buybacks. They would also approve all capital expenditures.

Now that was a mostly legitimate post but that isn't what you said the first time. Did you place a quick phonecall to a CPA to help you out with it? I'm guessing yes based on your other dribble you posted.
 

WVUBRU

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Oh and btw, Troll as I'm going night-night soon. Don't attempt to match your fake resume up with those you have no knowledge about. Just a hint......you would lose and lose bigtime. LMAO
 

WVPATX

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Jan 27, 2005
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Oh and btw, Troll as I'm going night-night soon. Don't attempt to match your fake resume up with those you have no knowledge about. Just a hint......you would lose and lose bigtime. LMAO

You're truly one stupid poster.
 

WVUBRU

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You're truly one stupid poster.

LMAO. Degrees in Accounting and an MBA with a consulting career. Wow, you are impressive. Maybe quit trolling message boards and cutting out degree applications off of cereal boxes and actually earn one before telling someone that has real degrees, real certifications and 30 years of experience in the biz and actually works every day with CFO's of major corporations advising on how to budget, strategize, prepare for board meetings and report their earnings. But then again, maybe you are right. Just don't let out our little secret that I am a poser.

LMAO,
 

WVPATX

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Jan 27, 2005
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LMAO. Degrees in Accounting and an MBA with a consulting career. Wow, you are impressive. Maybe quit trolling message boards and cutting out degree applications off of cereal boxes and actually earn one before telling someone that has real degrees, real certifications and 30 years of experience in the biz and actually works every day with CFO's of major corporations advising on how to budget, strategize, prepare for board meetings and report their earnings. But then again, maybe you are right. Just don't let out our little secret that I am a poser.

LMAO,

As I said, you're a moron that doesn't know anything about corporate accounting, finance or governance. I pity any company you worked with. They are due a refund.
 

MountaineerWV

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Sep 18, 2007
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The significant leftward lerch of the Dem party toward socialism. This country was founded on the principles of hard work, rugged individualism and freedom. We created the greatest country the world has ever seen with the greatest economy. That is all now threatened by promising to take from one group and give to another. Rewarding those who don't work, who don't get educated, who simply want to take.

Sadly, all of the Dem candidates save Jim Webb are espousing these principles.

People like WVPATX is the problem. Always blaming the other side. Thinking their way is always right. Constant bashing people with ideas different than his. That's the biggest problem = people who REFUSE to work together.


Countdown until a anti-Democrat response in 3.....2......1.........
 

WhiteTailEER

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Jun 17, 2005
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I'm just trying to understand what one issue is tops on everyone's list here, who they are currently favoring for office, and why. I don't think any reasonable person could believe solving only 1 issue would solve our country's problems. The divisiveness actually ripples across almost all of the issues we are facing which is why when I stepped back and conducted some RCA, it topped my list.

In general, I would never consider giving my vote just on one issue. When I see bumper stickers that say "I vote pro life" or "I vote pro choice" it irritates the **** out of me. LOL. There are so many things to consider besides just that one thing. If it's that important to them and that's what they want to base their vote on, OK, but in the grand scheme of things that one issue isn't going to make a lot of difference either way. "Our country is going bankrupt, but at least abortion is legal".

However, in this case, I do think that the divisiveness is one issue that actually will make a big impact, as it has become so ubiquitous and permeates every single other issue. I have no issue in trying to place blame on who started it and who is the worst and all of that nonsense. We're here now, how we got here isn't as important as how we correct it. After we correct it we can examine what happened and try to figure out how to not let it happen again.
 

bornaneer

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Jan 23, 2014
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Nuts like this bunch