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overachiever

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overachiever

Re: StarterKit post# 111713

Sunday, 06/14/2009 8:16:30 PM

Sunday, June 14, 2009 8:16:30 PM

Post# of 346917
You would either be on a cash basis or an accrual basis. Very few public companies would ever be on a cash accounting basis. It would cause to many disruptions in demonstrated growth and probably cause higher effective tax rates.

We are apt to shut our eyes against a painful truth... For my part, I am willing to know the whole truth; to know the worst; and to provide for it. --Patrick Henry, Patriot and Hero of the American Revolution

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