Big Tech changes accounting standard and boosts the bottom lineft.com 5 pointsphiloinvestor2 years ago2 commentsSaveHideCopy link On HNComments−RicoElectrico2yhttps://archive.is/m3tYZ−philoinvestorOP2yI found this interesting. Microsoft added $3.7bln in EBIT last year from this accounting change. They now say their servers and network equipment have a useful life of six years.Does that sound fair to you or excessive? Thanks.
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https://archive.is/m3tYZ
I found this interesting. Microsoft added $3.7bln in EBIT last year from this accounting change. They now say their servers and network equipment have a useful life of six years.
Does that sound fair to you or excessive? Thanks.