Re:Amazon’s Shrinking Profit Sets Off a Seismic Shock to Its...
by tdees40 on Friday April 25, 2014 @06:14PM
(#7649362)
Investments get booked as assets, so they have no impact on profits. This mistake gets made frequently with respect to Amazon.
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Re:Amazon’s Shrinking Profit Sets Off a Seismic Shock to Its...
by eigenvalue on Friday April 25, 2014 @07:11PM
(#7649660)
Many assets have a useful life and must be depreciated, which certainly does reduce accounting profits.