Warren Buffett and the Interpretation of Financial Statements – The Search for the Company with a Durable Competitive Advantage : [PDF Download]

Summary:

Here on this page, we have provided option to read “Warren Buffett and the Interpretation of Financial Statements – The Search for the Company with a Durable Competitive Advantage PDF” and please feel free to download PDF file for offline reading it from download link Given below to Your Computer/Mobile Storage. For more books from Same Author You can visit Scribner – Simon & Schuster, Inc..

Warren Buffett and the Interpretation of Financial Statements – The Search for the Company with a Durable Competitive Advantage- Download PDF Book:

“A company’s property, its manufacturing plant and equipment, and their collective value are carried on the balance sheet as an asset. They are carried at their original cost, less accumulated depreciation.

Depreciation is what occurs as the plant and equipment wear out little by little; every year, a charge is taken against the plant and equipment.

Companies that don’t have a long-term competitive advantage are faced with constant competition, which means they constantly have to update their manufacturing facilities to try to stay competitive, often before such equipment is worn out.

This, of course, creates an ongoing expense that is often quite substantial, and keeps adding to the amount of plant and equipment the company lists on its balance sheet.”

PDF Preview – Read, Think and Grow

REPORT THIS:
Our intention with this initiative is only to help needy people. If the PDF file download link is not working or this PDF Content is Copyright material and if you want to unpublish it, Please REPORT IT.