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The author tosses around some strong and unfounded accusations but my takeaway was that this accounting practice is ethical but risky. Case in point... Boeing
by hurricanetc 7y ago
The author tosses around some strong and unfounded accusations but my takeaway was that this accounting practice is ethical but risky. Case in point... Boeing isn't manufacturing or selling the 737-MAX as of this moment. If their accounting practices rely on them selling planes to recoup costs and they aren't currently even manufacturing the planes I think it is fair to ask what the financial health of the company really truly is.