MoHasanie on 12 May 2013
| kowenicki said:
Which doesn't affect profits by even one cent. You do know that right? Actually, I know you don't know that. I've read your comments in this thread and its clear you don't understand the difference between a balance sheet and a P&L. The money spent on buying things is just an asset swap. The profit raised from selling buildings however IS profit for the P & L account. Buying assets such as Gaikai doesn't reduce profits. Dude. |
Thanks for clearing that up! I always knew this but so many people here make comments that make it seem as if aquisitions do affect the Profit and Loss account.
Also do all companies add the money raised from selling building and other assets to the profit and loss account?
NNID: FrequentFlyer54
