Putting Cash to Work https://www.gfmag.com/magazine/julyaugust-2015/what-do-all-corporate-cash https://www.accountingtools.com/articles/2017/5/15/cash-sweeping https://www.morningstar.com/

Putting Cash to Work
https://www.gfmag.com/magazine/julyaugust-2015/what-do-all-corporate-cash
https://www.accountingtools.com/articles/2017/5/15/cash-sweeping
https://www.morningstar.com/
Locate and post a recent news story from The Wall Street Journal or other reputable source about a publicly-traded company that has been criticized for its cash management practices and/or the amount of debt it is carrying.
What were the criticisms leveled against the company? Was it accused of being too conservative and hoarding too much cash, or of taking unnecessary risks such as being too highly leveraged?
How did the CFO or CEO address this criticism?
How has the stock performance been impacted by these cash management practices?
Present three recommendations to management to address these criticisms. For example, how the company can improve cash or capital generation in the case of not having enough cash, or how the company can make better use of its cash through capital actions, in the case of cash hoarding.

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