Just received a lesson from Geoff Gannon. It’s a great exercise to do.
If you were an investor in 1966 looking at these set of statements for an office equipment company, would you invest in it?
Net Cash: $18 mil
No of outstanding shares: 7,992,106
Businesses
- “Duplication of printed communications and business forms for accounting paperwork systems and high speed reproduction of output copy produced by electronic computers.”
- “Sales of machines, supplies, and services for general purpose data writing and mechanized repetitive writing.”
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