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Old February 24th, 2010, 06:44 PM posted to rec.outdoors.fishing.fly
Wayne Knight
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Posts: 218
Default OT - when politics gets personal

On Feb 23, 11:19*pm, Giles wrote:

No, those are all "costs."


They are not all "costs", while they may be a use of cash which some
mistakenly consider "costs". Some of what he mentions are capital and
operating investments, as well as inventory which will be used to
support the business and maintain its capability. Capitals assets are
expensed over some time period which is supposed to approximate their
servicable life so their costs of use are some portion of the actual
cost of the equipment whereas the inventory investments are typically
expensed when the sale occurs.

Wayne
Accountants are us
..