Ahrenl
join:2004-10-26
North Andover, MA
 ·Verizon FIOS
2 edits | reply to neofate
Re: not on the wholesale level, really?
Their profit margin is artificially depressed by large depreciated asset accounts which were allocated during merger mania. As a financial analyst we are actually taught this as the best method (vs. direct write offs, or goodwill application, which I guess it is), but when you overpay by billions and billions of dollars, this is what happens. The problem is when your accounting tricks replace your reality. |
