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There's legit reasons to prefer opex over capex, but this guy totally misses them. Were they selling the company? Trying to improve the cash position? Made to
by curiousllama 6y ago
There's legit reasons to prefer opex over capex, but this guy totally misses them. Were they selling the company? Trying to improve the cash position? Made too many capital expenditures this year? In the middle of a gnarly audit? Sales dropping? - all legit reasons.
A 10-year depreciation schedule is ... not one of those legit reasons. This guy has no ideal what finance does lmao