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Dumb question regarding AD losses

Posted on: May 15, 2019 at 19:53:23 CT
DevilsAdvocate KC
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My assumption is that the books are accrual not cash basis. Have they started depreciating the significant investment yet?

Sort of doubt they have but curious.

Edited by DevilsAdvocate at 20:00:26 on 05/15/19
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Dumb question regarding AD losses - DevilsAdvocate KC - 5/15 19:53:23
     Oooooh, I love it when you talk accounting. - Deputy Dawg MU - 5/17 12:59:52
     what was the AD doing with the surplus from years before - KCT-BoneTiger MU - 5/16 12:21:50
          You can't look at those years - BigDave MU - 5/16 15:01:45
               the only agenda was to crank some thought ... - tmcats KSU - 5/17 11:56:05
     No asset can be depreciated if it's not complete - samclemens MU - 5/16 08:18:35
          Yes, this what I would expect - DevilsAdvocate KC - 5/16 13:06:40
               Here is the math - BigDave MU - 5/16 15:33:08
                    Makes sense as I did not know they were only financing - DevilsAdvocate KC - 5/16 19:14:59
     Would think those results are based upon Fund - jumbo73 MU - 5/16 07:26:35
     Depreciation is different for non-profit entities too, and - alwaysright MU - 5/16 07:03:04
          Even though they are under fund accounting rules - DevilsAdvocate KC - 5/16 19:16:49
          i believe stadiums are depreciated on a 39 year schedule ... - tmcats KSU - 5/16 11:17:09
     Here is a dumb explanation of SEC finances - TigerJackSwartz MU - 5/15 22:30:06




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