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Politics : Ask Michael Burke
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To: Bilow who wrote (83128)8/19/2000 5:19:13 AM
From: Don Lloyd  Read Replies (2) of 132070
 
Carl -

I appreciate your effort in publishing a 'simple' example, but it's not going to be trivial for me to try to see if any of the simplifying assumptions effectively throw out the baby with the bath water.

While I take an extended period (days?)to puzzle over it, please give me an answer or opinion on my truly simple question -

"If the founder of a company owns the land the company sits on, and for his own reasons allows the company to remain rent-free, does the company still need to list a rent/lease expense?"

Thanks, Don
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