Some high-tech companies (e.g., apple & MSFT) have large amounts of cash seating on their balance sheets.

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Some high-tech companies (e.g., apple & MSFT) have large amounts of cash seating on their balance sheets. Why don’t these companies distribute the cash to their shareholders?

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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Posted Date: May 30, 2018 08:41 AM

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Some high-tech companies (e.g., apple & MSFT) have large amounts of cash seating on their balance sheets.

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Accounting Principles

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