Word: cushioned
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...long-term debt. By year-end 2001, current assets had shrunk to $9.2 billion, while current and long-term debt had swollen to $39.2 billion. Graham liked companies whose current assets were at least twice their current liabilities. This measure, called the current ratio, tells you the working-capital cushion a company has at its disposal. Graham also believed that long-term debt should not exceed working capital. WorldCom's working capital sank to a negative $8 billion in 2000 even as its long-term debt was burgeoning--to more than $30 billion in 2001. WorldCom was making a mockery...
...should have swept the Yankees. Bostonians should have been able to celebrate their team pulling even with the Yankees atop the American League East standings. But an extraordinary course of events instead gave the Yanks a comfortable four-game cushion in the division...
...Blue Jays retaliated when Christy Peterson scored off of a feed from Burnett at 4:35, but the Crimson restored the two-goal cushion with an unassisted goal from senior Heather Gotha at 2:17 to put Harvard ahead 4-2 at halftime...
Colgate’s answer to Harvard’s rally came with 6:58 left, when Parker sent a shot into the bottom right corner, giving the Raiders a two-goal cushion...
Channeling its frustration at being in the consolation game, Harvard jumped all over the Minutewomen early, dominating the first half. In doing so, it gave itself enough of a cushion to withstand a late UMass surge and come away with the 10-9 victory...