Summary
WASHINGTON, July 26, 2011 /PRNewswire/ -- More organizations were building cash and short-term investment balances in the second quarter than in the first, according to the AFP Corporate Cash Indicators(TM) (AFP CCI), a new quarterly study that measures recent and anticipated changes in corporate cash balances, primarily in the U.S.
Quarter-to-quarter, 40 percent of reporting organizations had greater cash balances at the end of 2Q11 than they had at the end of 1Q11. Year-over-year, 47 percent had larger balances at the end of 2Q11 than they had at the end of the 2Q10. Looking ahead, 36 percent expect to further build cash and short-term investment balances during 3Q11 compared to 19 percent that expect to reduce balances.See the full content of this document
Extract
Of Business Sentiment
AFP Corporate Cash Indicators(TM)
--------------------------------------------+12__ 2Q11 v. 1Q11+25__ 2Q11 v. 2Q10+17__ 3Q1...See the full content of this document
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