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Big Tech changes accounting standard and boosts the bottom line
- philoinvestor 3y agoI 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.
- RicoElectrico 3y agohttps://archive.is/m3tYZ https://archive.is/m3tYZ