FBR 2.33% 4.4¢ fbr ltd

Ann: FBR Extends Memorandum of Understanding with Caterpillar Inc, page-305

  1. 60 Posts.
    lightbulb Created with Sketch. 33
    If a company bought a brand new FBR machine for $2M, how exactly would that company depreciate this asset over time? What are the accounting standards for a brick house building machine? A $2m non-cash expense write down for a productive asset might be a great little side benefit and make the $2m less in a 'real' sense.
    LFL
 
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