Question Description
read this article: http://ww2.cfo.com/cash-flow/2013/01/the-envelope-…
Answer this question below (about 200words) then made 2 reply for 2 comments, each one 50-75 words ( i will post later through chat box)
Questions: Is it reasonable to conclude from reading the article that firms would achieve higher TSR by making acquisitions or stockpiling cash? Why or why not? What additional information would you need to properly assess the impact on shareholder wealth of the various capital deployment choices described in the article?
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