mfg Posted April 7, 2018 Report Share Posted April 7, 2018 At the time of the creation of the timeless Studebaker Avanti,total cash assets of the Studebaker Corporation were only....................? 1) 3.5 million dollars......2) 6 million dollars........3) 10.5 million dollars.......or.....4) 15 million dollars Link to comment Share on other sites More sharing options...
mfg Posted April 14, 2018 Author Report Share Posted April 14, 2018 No one remembers how much Studebaker had in the bank? Link to comment Share on other sites More sharing options...
r1lark Posted April 14, 2018 Report Share Posted April 14, 2018 It was $50 million at the end of 1961, but I don't have a 1962 Annual Report. I'll say $15 million, answer 4). Link to comment Share on other sites More sharing options...
mfg Posted April 14, 2018 Author Report Share Posted April 14, 2018 4 hours ago, r1lark said: It was $50 million at the end of 1961, but I don't have a 1962 Annual Report. I'll say $15 million, answer 4). You may be correct, however, an older article written by Richard Langworth indicated it was 6 million. Link to comment Share on other sites More sharing options...
r1lark Posted April 14, 2018 Report Share Posted April 14, 2018 2 hours ago, mfg said: You may be correct, however, an older article written by Richard Langworth indicated it was 6 million. I'm sure Mr. Langworth had access to all the annual reports, so I sure would go with his number. Link to comment Share on other sites More sharing options...
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