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Message
re: California has a $6.1 billion budget surplus
Posted on 3/4/18 at 11:41 am to Mingo Was His NameO
Posted on 3/4/18 at 11:41 am to Mingo Was His NameO
You need to brush up on your governmental before taking that CPA exam
1
Posted on 3/4/18 at 12:00 pm to yellowfin
quote:
You need to brush up on your governmental before taking that CPA exam
$1 trillion in pension liabilities and $6 billion in cash. Please tell me how 6 billion can pay 1 trillion.
Also, just looked at their f/s, their biggest asset by far is highways and infastructure. You can't sell that to cover bonds or other debt Wich total more than that anyway.
This post was edited on 3/4/18 at 12:05 pm
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