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i_am_nomad
6y ago
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Or pull a Groupon and just completely redefine several accounting concepts, e.g. list marketing costs as capital expenditures.
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fgonzag
6y ago
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I don't get that one. How are they justifying placing marketing as Capex instead of Opex? What is the advantage? Are they saying marketing is a depreciating asset?
i_am_nomad
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6y ago
IIRC, their argument is that marketing builds brand awareness, and brand awareness is a capital good.
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