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Recent Posts

April 18, 2017

Welcome back.

I'm pro-cash.  Cash is money.  It's raw, unprocessed, clean, and unambiguous.  Cost accounting data are processed and have little, if anything, to do with money.  I often say cash is like tomatoes, garlic, basil and onions.  Cost accounting is like store b...

April 11, 2017

This morning, I read a report that longstanding Japanese company, Toshiba, may have to close its doors.  Why?  Not making money.  

Businesses must make money to exist.  The common proxy for assessing how much money a company has made is profit.  Question. "Is...

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