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Re: eaglei13 post# 426365

Monday, 10/07/2019 3:42:39 PM

Monday, October 07, 2019 3:42:39 PM

Post# of 432534
That's nonsense. Yes, the new FASB accounting standard (ASC 606)
has been in effect for almost two years.

But that doesn't mean that what would be considered revenue under
ASC 605 doesn't still go straight to the statement of cash flows.

Cash flow is king!

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