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Goodwill writedownsIgnore this non-cash charge at your peril. For those touting "investment is all about the future," goodwill write-downs are all about the future. You're required to write down goodwill when there's a change in your expectation about the related assets' abilities to produce cash flows in the future. In Q2, goodwill was written down by 31.7% !!! and then in Q3 it was written down again, this time by 26.6% of the revised value. So... they are telling you lots about "the future" by way of these actions. I don't suppose anyone asked them about this at the meeting either. |
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Msg # | Subject | Author | Recs | Date Posted |
148814 | Re: Goodwill writedowns | dndndude | 1 | 12/13/2019 9:01:37 PM |