META Lesson 2: Accounting Inconsistencies and Consequences
Musings on Markets
NOVEMBER 10, 2022
Accounting 101 I am not an accountant, and have no desire to be one, but I have used their output (accounting statements) as raw material in valuation and corporate finance. billion (which adds to book equity in 2022) in September 2022, and the R&D amortization for the most recent twelve months to be $18.9 billion to $49.3
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