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re: aTm surpasses Texas as most valuable college football program
Posted on 9/12/18 at 4:23 pm to Poncho and Lefty
Posted on 9/12/18 at 4:23 pm to Poncho and Lefty
quote:
Any CPA or finance professional would never equate revenue or profit (an income statement item) with value (a balance sheet item), rendering this whole analysis misleading.
Especially one that counts tens of millions in one-time capital campaign contributions as revenue, while not applying that expense to the outlays, thus inflating "profit."
I'm looking at you, aggy.
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