Having too much cash seems like an impossible problem for my eight-year-old son. In his world, any extra cash should immediately be converted into the latest Lego Star Wars set, Wii video games and music for his iPod. The concept of extra cash being problematic to him would be as unthinkable as chewing his sister's used bubble gum. As many CFOs and Treasurers in corporate America know, extra cash can be problematic for a company. Today, corporate America has more cash on its balance sheet than ever before. The Obama Administration estimates that approximately $2 trillion is currently residing in the coffers of American companies. Arguably, corporate management is tasked with either reinvesting earnings back into the business or returning the earnings to investors in the form of dividends or payouts.
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