SI
SI
discoversearch

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: steve harris who wrote (389563)6/7/2008 1:36:22 PM
From: i-node  Read Replies (2) | Respond to of 1577594
 
Here is a great one from Ted back then:

I don't think that is correct....I am not an accountant but depreciation is not an expense but rather its a tool or formula that participates in determining how much taxes are to be paid by a company each year and for calculating taxes on capital gains. Depreciation results in less tax and not more and therefore is beneficia

Message 13283979

I am going to have to notify the FASB that depreciation is "not an expense" and furthermore that it is good. I think they'll be glad to get that news.