http://disqus.com/by/paulbroni/enTue, 18 Feb 2014 09:22:03 -0000http://management.fortune.cnn.com/2013/12/24/what-costco-can-teach-you-about-cash/#comment-1249670720<p>While the membership fee is certainly different from other grocers, the negative cash conversion cycle is fairly typical in the industry. After all, they get paid right away for everything they sell, while probably taking at least 30 if not 45 days to pay their vendors. That's why they have $6 billion in cash but $11 billion in accounts payable. (Please note: I'm not suggesting there is anything wrong with this.)</p>Paul BroniTue, 18 Feb 2014 09:22:03 -0000http://www.brookings.edu/blogs/jobs/posts/2013/04/05-jobs-burtless#comment-853335150<p>"A small part of the recent drop in the labor force is traceable to population aging." Actually, I recall seeing statistics that the participation rate among older workers is on the rise, isn't it?</p>Paul BroniFri, 05 Apr 2013 13:47:15 -0000