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For a sophisticated company, profit is just another number in the ledger. For example, the news of the fine can allow Amazon to take a charge against the value
by brudgers 4y ago
For a sophisticated company, profit is just another number in the ledger.
For example, the news of the fine can allow Amazon to take a charge against the value of goodwill in its books and thereby reduce profits.
Or increase profits by increasing the value of goodwill.