• erp@kbin.social
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    1 year ago

    Look, sometimes we have an asset with a book value of $10 mil, which means we can brag about it on social media, just like my uncle used to do - great man, very smart and perfect genes from Levis Strauss. Ok, very creased from ironing but this was before my superior roulette steak company. Perhaps market value is, you know, what they are saying is, ok, approximately 2 bananas when the property tax appraiser comes around. Therefore, the numbers don’t represent what the assets are worth. Technically he made a correct statement. Believe me, the best kind of correct. Just like McKinsey and Ivy League. That’s what people are saying. Anyway, everyone can have a gaap in judgment. Sometimes our brain is an impaired asset. But I have a special excretory operation and need your support - please donate now and you will be rewarded with an honorary one-sheet ply of branded water closet paper.