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Stoller writes: > The problem is that accounting for these costs have been pushed into the future based on anticipated sales, which is risky but manageable IF
by AndrewBissell 7y ago
Stoller writes:
> The problem is that accounting for these costs have been pushed into the future based on anticipated sales, which is risky but manageable IF you can build safe aircraft airliners want to buy.
Boeing's accounting methods are perfectly fine (arguably even preferable) if they are able to sell the planes whose costs they are spreading into the future. The question (and the risk to shareholders) is whether they cut so many corners to juice financial results that that will prove not to be the case.