Hendrith Vanlon Smith: Past Debts

Posted by admin on Tuesday, June 27, 2023

Meaning of Hendrith Vanlon Smith Jr Money Quote: saying Counting on future earnings to pay for old debts can lead straight to bankruptcy. Hendrith Vanlon Smith Jr said:
 
future income to pay off existing debts, it's in a risky situation. That's a gamble that often results in bankruptcy Quote
 

“When a company relies on future income to pay off existing debts, it’s in a risky situation. That’s a gamble that often results in bankruptcy” — Hendrith Vanlon Smith Jr

 

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