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Walgreen’s Debt Structure
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A 4 page paper discussing this public company’s approach to managing long-term debt: avoid it completely. Walgreen’s is more than 100 years old and currently is a $34 billion company opening an average of a store a day with plans to have 7,000 stores in operation by 2010. It leads its industry in market share for prescription drug sales, and seeks to continue that lead as the baby boomers continue to reach retirement age. The company carries no long-term debt at all, and in fact all of its significant debt is attributable to accounts payable. Though debt financing is preferred by many, Walgreen’s illustrates the power of having $8 billion in annual gross profit. Bibliography lists 4 sources.
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Pages:
4
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Filename:CC6_KSfinWalgDebt.rtf |
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Paper Title:
Walgreen’s Debt Structure
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