(December 29, 2017 at 2:09 pm)Wololo Wrote: Oh and 9 times out of ten when a major company posts a loss it is an accounting loss only. They're allowed to deduct a lot of stuff including notional impairments to goodwill and "interest" from intra company loans from their profit figures. So if a major company posts a loss only believe them if it's on the lines before the PBIT line.
^^^
Or EBITDA.
Also note, regarding those "loopholes"? Largely, corporations got to keep theirs, unlike the proles.




