Tag: OIG
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USPS and OIG Disagree on Liquidity Measure
Since the Great Recession of 2007-2009, the USPS has been emphasizing a financial analysis ratio as an indicator of its condition. The Postal Service regularly and alarmingly reported that its “days of cash on hand” had dipped into the single digits during the downturn. Recently, the USPS has reported that this ratio is up…