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Olga55 Posted 18 years ago
Vocabulary
Burning cash
Hi, there is one more can't get : "Burning cash and cutting jobs, Ford is banking on crossover vehicles and other new models."
Burning cash, is it something with "spending mony to quickly"?
Thank you.
Burning cash, is it something with "spending mony to quickly"?
Thank you.
Top answer
Yes. Normally businesses have a cash flow, where the amount of cash in (income) is greater than the cash out (their costs). When the income decreases and the costs do not, then they have to spend their cash that is saved up.
- Yes.
- Normally businesses have a cash flow, where the amount of cash in (income) is greater than the cash out (their costs).
- When the income decreases and the costs do not, then they have to spend their cash that is saved up.
- When the difference is large, and the situation does not change, then that is called "burning cash".
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2 Answers
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Yes.
Normally businesses have a cash flow, where the amount of cash in (income) is greater than the cash out (their costs). When the income decreases and the costs do not, then they have to spend their cash that is saved up. When the difference is large, and the situation does not change, then that is called "burning cash".
Normally businesses have a cash flow, where the amount of cash in (income) is greater than the cash out (their costs). When the income decreases and the costs do not, then they have to spend their cash that is saved up. When the difference is large, and the situation does not change, then that is called "burning cash".
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