| ▲ | andersmurphy 2 hours ago | |
Yeah what's crazy is most of these companies are making accounting choices that obscure the true cost. By extending the stated useful life of their equipment, in some cases from 3 years to 6. Perfectly legal. And it has the effect of suppressing depreciation expenses and inflating reported earnings. | ||
| ▲ | navigate8310 27 minutes ago | parent [-] | |
But don't they palpitate for thise sweet depreciation credits to decrease their tax on revenue? | ||