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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (5206)5/28/2000 9:31:00 PM
From: Smartypts  Read Replies (2) | Respond to of 19428
 
Wonder if I may impose upon a few brain cells for a question? Read an article about a certain Co. Co spends say 10 million on advertising for 1st year. Company earns 24 cents a share. The Company was allowed to write off the advertising expenses of 10 million and depreciated it. Hence coming up with 24 cents a share. If you take away the tax write off the company has no earnings. This is common Im assuming?