hey guys does any else find it strange: the last day of dec we were broke and out of money and going to file b.k......and 2 months later we broadcast to all that we made 194,000,000 in profit.....for that same quarter? now face the same poblem again.... the acountant we use are they confused between profit and a loss.. or decimal place and a comma..or is that the "new math" of yrc
Yellow | dew-we cheatem and howe
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[quote author=ddftoc link=topic=79197.msg821419#msg821419 date=1271171089]
hey guys does any else find it strange: the last day of dec we were broke and out of money and going to file b.k......and 2 months later we broadcast to all that we made 194,000,000 in profit.....for that same quarter? now face the same poblem again.... the acountant we use are they confused between profit and a loss.. or decimal place and a comma..or is that the "new math" of yrc
[/quote]
http://www.reuters.com/article/idCNN1611420120100316?rpc=44
This is the only opinion I've seen from yrc's accountant EVER. "significant declines in operations, cash flows and liquidity raise substantial doubt about our ability to continue as a going concern. "So that means new math rules at yrc.
hey guys does any else find it strange: the last day of dec we were broke and out of money and going to file b.k......and 2 months later we broadcast to all that we made 194,000,000 in profit.....for that same quarter? now face the same poblem again.... the acountant we use are they confused between profit and a loss.. or decimal place and a comma..or is that the "new math" of yrc
[/quote]
http://www.reuters.com/article/idCNN1611420120100316?rpc=44
This is the only opinion I've seen from yrc's accountant EVER. "significant declines in operations, cash flows and liquidity raise substantial doubt about our ability to continue as a going concern. "So that means new math rules at yrc.
Italian Style
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[quote author=ddftoc link=topic=79197.msg821419#msg821419 date=1271171089]
hey guys does any else find it strange: the last day of dec we were broke and out of money and going to file b.k......and 2 months later we broadcast to all that we made 194,000,000 in profit.....for that same quarter? now face the same poblem again.... the acountant we use are they confused between profit and a loss.. or decimal place and a comma..or is that the "new math" of yrc
[/quote]I guess I would a problem trying to read Chinese too.
hey guys does any else find it strange: the last day of dec we were broke and out of money and going to file b.k......and 2 months later we broadcast to all that we made 194,000,000 in profit.....for that same quarter? now face the same poblem again.... the acountant we use are they confused between profit and a loss.. or decimal place and a comma..or is that the "new math" of yrc
[/quote]I guess I would a problem trying to read Chinese too.
rocketmancve
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This is the new math of corporate america. Enron, MCI, GM, the banks.... none of these changed a thing.
imported_fr8holler
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The 4th quarter profit relates to the bond exchange , not profit from operations.
