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You can play with your net income numbers, but your top line revenue, gross margin, cash flow, and cash on hand are hard to manipulate
by dmode 7y ago
You can play with your net income numbers, but your top line revenue, gross margin, cash flow, and cash on hand are hard to manipulate
- navigatesol 7y ago>cash flow, and cash on hand are hard to manipulate Cash flow and cash on hand can be easily manipulated by not paying bills. Net Income can be manipulated one-time items. This will all come out in the 10Q, but in the meantime, Elon realiszed that people will not lend money to cash-burning "startups", so we get another "profit".
- gamblor956 7y agoThose items are even easier to manipulate. When do I book this x million of parts? I could book it even we reserve the shipment (accelerate expense) or when we receive the invoice (standard) or when we pay it several months late (defer the expense). And that's just one transaction that feeds into one line item. There are a lot more opportunities to play with the financial numbers.