[quote=“Fry,post:97,topic:39547"”]
OK I get it. The actual acquisition transaction doesn’t affect the income statement. Credit cash, debit assets. Doesn’t affect the income statement.
Cool. I was hoping they didn’t smoke our profit sharing by doing that.
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it isnt quite that simple obviously, but you are on the right track. if anything, execs will try to pull the trigger on a decent sized acquisition prior to year end in an effort to exceed analysts expectations, increase the top and bottom line, and boost share prices.
didnt mean to rob the thread. anyways, to keep it on topic, my bonus fluctuates based upon my performance