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zipjet

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zipjet

Re: DewDiligence post# 111919

Wednesday, 01/05/2011 9:10:38 AM

Wednesday, January 05, 2011 9:10:38 AM

Post# of 257253
I agree that the accounting treatment will NOT change cash flows nor the value of MNTA.

But it seems silly to me to make an accounting entry that recognizes the value of an asset (deferred tax asset) that may then need to be written off (reversing the entry) any day.

ij

There are times when rules and precedents cannot be broken; others when they cannot be adhered to with safety. (Thomas Joplin)

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