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Right, but free cash flow is one of the most common areas of a balance sheet to use deceptive accounting to show huge numbers. Amazon is notorious for this, act
by dkrich 10y ago
Right, but free cash flow is one of the most common areas of a balance sheet to use deceptive accounting to show huge numbers. Amazon is notorious for this, actually, particularly with their widespread use of capital leases. A big reason that that number has jumped so much is because of their increased investment in AWS hardware which they lease instead of purchasing.
- thinkling 10y agoWhy is leasing equipment considered deceptive rather than a cost-cutting measure?