For now, they will require more borrowing, which is prudent, given the need and today's low interest rates.
The company only books revenue for PAS when the cash comes in the door, which is prudent in the operating environment where the bluest-chip companies, such as China Mobile and China Unicom, have accounts-payable buildup for 13 months.
Which is probably prudent, but makes me rather wish we'd met before she got the job.
"The improved scenario has allowed the financial team to pay off its obligations early, which is just prudent financial management," said Paul Bydalek, president of Atlantic Rating, a Brazilian bank-rating company.
One such measure is to examine past criminal records, which is a prudent suggestion and likely common practice in many of such organisations.
Hence, the ICT unit costs in the Local offices are higher, which is a prudent assumption because the present ICT utilization rate in offices is lower.
"Despite Verizon Wireless's strong third-quarter subscriber growth reported earlier this month, recent volatility of capital markets has created an environment in which it is prudent to defer the offering," the statement said.
"If validated this could give us one more risk assessment factor to determine high-risk individuals in which screening is prudent".
Nobody, to my knowledge, has asked the governor of Texas for the loan of a Texas Ranger, which is what a prudent executive branch would do in the circumstances.
"We're essentially offering to buy it for close to half what it is on the books for, which I think is prudent from the company's standpoint," Michael R. Klein, a Perini director and partner in the law firm of Wilmer, Cutler & Pickering, said yesterday.
"He was a very squared-away sailor, very meticulous with details, very prudent, which is important when you're working on the water.
