SoonerDutch
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- Oct 12, 2009
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I’m not disagreeing with the main point that the AD made money & Castiglione is cheap but WT is right about the specifics?
If they counted the transfer as an expense, it would lower net income to -$3.7mm.
The amount of excess $ the AD made is the difference ($3.7mm), not the sum.
If they counted the transfer as an expense, it would lower net income to -$3.7mm.
The amount of excess $ the AD made is the difference ($3.7mm), not the sum.