Financial Accounting Blog

Thursday, February 26, 2004

Here is an article (@CNN) on why Microsoft chooses to keep such large amounts of cash on hand. The article suggests various ways of using that cash- dividends being among the options. It also raises the issue of what such decisions mean to investors.
But the debate about what to do with $52.8 billion is not just daydream believing for Microsoft Chairman Bill Gates and CEO Steve Ballmer, Microsoft actually has that much cash on hand.