Tuesday, October 03, 2006 2:17:42 PM
Now if the statuatory rate is 12% for example and you accrue at 8% you need to convince your auditors on why 8% is more approriate than 12%.
All in all this is one accounting issue they have handled very well. The actual shortfall is really nothing more than this years interest charges.
Now for what is really important I wonder how we did for Q3 since the price is down to a Buck and a couple pennies now.
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