Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Petz who wrote (101205)	3/31/2000 1:36:00 AM
From: Joe NYC	Read Replies (1) \| Respond to of 1574000

Petz, Jozef, not much chance of an early depreciation charge in Q1, even if its a blowout. (is there any question?) IRS pretty much tells you the fastest you're allowed to depreciate anything Good point. But when do you start the depreciation of the equipment? When you order it, take delivery, pay for it or when you start to use it? Joe

To: Petz who wrote (101205)	3/31/2000 12:01:00 PM
From: brushwud	Read Replies (1) \| Respond to of 1574000

Some financial reporting points: 1. According to AMD's 10-K, they depreciate on a straight-line basis for financial reporting purposes, even if they accelerate it for tax purposes. 2. Inventory, whether work-in-progress or finished goods, is valued at lower of cost or market (that is, usually at cost) so it doesn't matter if there's a logo on it or not. 3. Accounting-wise, depreciation must begin by the time the asset is put into use. Tax-wise, it may begin when it is acquired.