rustywilliams
Literotica Guru
- Joined
- Nov 6, 2010
- Posts
- 769
... and you're wrong because you're apparently mixing up cash flow with accounting ( of both the financial and tax variety ). In any event, you're not making any sense. Cash flow, from which capital expenditures are made, is after-tax dollars.
If you are a C.P.A., I have no choice but to bow to someone with more specialist knowledge.
If you are not, I will stick with my own experience of running a business for over twenty years.