Bus company staff count cash as fast as machine
This is not a bank. Female workers at a bus company settlement center can count cash so fast! They deal with about 1 million pieces of banknotes every day.
U.S. multinational companies are preparing to pay hundreds of billions of dollars in tax on profits they made overseas in the last 30 years. Pharmaceutical giants including Johnson & Johnson (JNJ), Merck (MRK) and Pfizer (PFE) were also named as major holders of overseas cash in a 2017 report by Oxfam.
Here Are the 26 Big U.S. Companies With the Most Cash Stashed Overseas. The new law dropped the U.S. corporate rate from 35% to 21%, put minimum levies on low-taxed foreign earnings, and imposed a one-time tax of 15.5% on cash parked outside the U.S.—which BofA Merrill Lynch estimates to be a total of $1.2 trillion for S&P 500 nonfinancials.
A third of cash is held by 5 U.S. companies. The rising cash holdings of U.S. corporations are increasingly in the hands of a few U.S. companies, with just five tech firms having grabbed a third of it. And nearly three-quarters of cash held by non-financial U.S. companies is stashed overseas, outside the long arm of Uncle Sam. Apple (AAPL),...
First Solar. Financial details (TTM ): $1,667.4 million in cash and short-term investments, $272.8 million in debt, and $49.3 million in cash from operations. Unlike competitors that use silicon to make panels, First Solar claims its Cadmium Telluride cells are at least a 10% better energy yield on an annual basis,...
American Office Machines opened for business February, 1971 and has proudly been doing business now for over 45 years in the Greater Los Angeles area.