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re: Athletic Department Debt
Posted on 1/13/17 at 7:51 am to GeauxTigersLee
Posted on 1/13/17 at 7:51 am to GeauxTigersLee
As stated, debt can help too. Keep the cash surplus or invested as some is can gain higher growth then on a debt with low interest rates. It depends on what the net gain or loss is. That's bot even getting into the businesses expenses that paying back the debt is a deduction for taxes for the growth. So no debt is not a bad thing, especially as a business.
This post was edited on 1/13/17 at 11:48 am
1
Posted on 1/13/17 at 8:05 am to LSUtiger89
Oregon is on the list and Nike could clear the books with his personal checkbook.
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