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Actually if SolarCity used a realistic discount rate to measure the value of their future cash flows which extend 40 years out, the company would be massively i
by bedhead 10y ago
Actually if SolarCity used a realistic discount rate to measure the value of their future cash flows which extend 40 years out, the company would be massively insolvent. Ahhh, the beauty of non-GAAP accounting...
- Bartweiss 10y agoHow are they dealing in non-GAAP accounting? I thought GAAP had been essentially mandated in financials after the dot com crash.