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by jacques_chester 2889 days ago
Thankyou, this is an important correction. I expect a number of Google's contracts will be structured this way.

For those following along, spending some time with an introductory financial accounting book or textbook is a very useful way to understand a lot of business behaviour. I took a 101-level accounting course during my computer science degree and it has proved to be a very useful thing to have learned about.