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re: aTm surpasses Texas as most valuable college football program

Posted on 9/12/18 at 4:23 pm to
Posted by Smart Post
Member since Feb 2018
3539 posts
Posted on 9/12/18 at 4:23 pm to
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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