Ahrenl
join:2004-10-26
North Andover, MA
 ·Verizon FIOS
| reply to shoan
Re: When I Dumped Comcast!
It's not to raise profit.. It's to raise cash flow. Usually they do this by using an accelerated method of depreciation for tax purposes, and then the slowest depreciation allowed by FASB for their SEC reporting. I'm sure media companies LOVE that they can "donate" all their unused ad time for tax writeoffs at peak rates.
If only we could "donate" grass clippings, and raw sewage to charity. No-one would have to pay taxes.  |
