To: x5452
So I guess you ignore the other 3.5 definitions where it is clearly an asset? And how do you figure a car does not generate cash flow. I drive to work, does my car generate cash flow? I'd be fired if I walked to work, it'd take too long.
67 posted on
02/01/2006 10:30:36 AM PST by
Toddsterpatriot
(Why are protectionists so bad at math?)
To: Toddsterpatriot; x5452
Do you think x5452 understands that most (if not all--I simply don't know if there is an exception) physical assets depreciate, and that depreciation is an expense? Do you think that might be the source of his confusion, thinking that something such as a car only qualifies as an asset if it cannot/does not depreciate?
71 posted on
02/01/2006 10:35:29 AM PST by
1rudeboy
To: Toddsterpatriot
So now you are attributing your pay check to your car.
(Actually with as little sense as your arguments make that might be the case)
You pay for the car (or incur a monthly payment for it).
Are you now at work? No. You have to pay for GAS first. The car is useless to you unless you pay that fee which is directly proportional to how much transportation you get from the car.
73 posted on
02/01/2006 10:38:39 AM PST by
x5452
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