eggs2see on 28 October 2009
| leo-j said: LOL I didn't even know sony HAD 78 BILLION. |
They don't have to actually have 78 billion sitting in a bank somewhere, that's not how business's operate. Business's operate on credit and debt. They get credit from banks, supplier's, etc. And accrue debt that they can pay off over a period of time. It's not uncommon for large company's to have debt not paid for 6 months. As long as they are making more money then they are accruing in debt applied over a financial year then they are all good. But if a company starts having higher debts then they are making then that is when they start slashing personnel and re organising the company.
