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by throwawaymaths
1340 days ago
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It also lets a CFO convert capex to opex (may or may not have tax implications), and you eliminate a cost center from your balance sheets (and turns it into service payments) which makes CFOs look better, even if it's net worse for the Company |
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At least mine doesn't seem to care even slightly, nor did my previous one.
I'm fairly certain this is an argument that we in the tech community make because we heard someone else make it.
When asking finance people blankly: having capital expenditure on the books is not a problem.