51�Թ�

Because big banks and credit card companies have shunned the industry, it largely operates on a cash basis.

It added that the deal is minimally dilutive to its earnings per share and is not expected to be dilutive on a cash basis.

She said she could not because the firm operates on a cash basis, recording money when it comes in rather than when it is earned.

On a cash basis, the trade was neutral.

“It gives you access to things you couldn’t afford on a cash basis. It doesn’t mean you can’t really afford it.”