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Re:AMD Reports Q4/FY 2020 Earnings: Record Revenues Repeat by marcosdumay on Wednesday January 27, 2021 @02:05PM (#25932377)
If you start the year with -$100 in assets and end it with $0, that's $100 net income.

It doesn't matter much if you add to a negative debit or a positive bank account. If AMD was investing into some non-formal asset (brand awareness, R&D, etc), the numbers would change, but that's not the GP's scenario.

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