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profits to management!! WHY??
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<blockquote data-quote="air_upser" data-source="post: 57670"><p>Please read up on depreciation and how it is expensed. Net income IS the bottom line and Depreciation IS expensed for net income. Whether Capital items are bought with cash on hand or a loan will also affect profits if you have an interest expense from the loan. </p><p>If you look at UPS's financial statments, you'll see there are depreciation expenses. That is a direct result of capital purchases.</p></blockquote><p></p>
[QUOTE="air_upser, post: 57670"] Please read up on depreciation and how it is expensed. Net income IS the bottom line and Depreciation IS expensed for net income. Whether Capital items are bought with cash on hand or a loan will also affect profits if you have an interest expense from the loan. If you look at UPS's financial statments, you'll see there are depreciation expenses. That is a direct result of capital purchases. [/QUOTE]
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profits to management!! WHY??
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