cash flow issue

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Title: cash flow issue

Essay Details:

Subject: Business

Author: Patricia M

Date: April 12, 2014

Level: University

Grade: A

Length: 2 / 405

Essay text:

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. 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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