PPRuNe Forums - View Single Post - Excel Airways, Alpha Catering and Accounting Practices
Old 27th May 2006, 16:05
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Trinity 09L
 
Join Date: Jan 2000
Location: Berkshire
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It is likely -allegedly - that "discounts" for business were included in one year of the accounts, and not spread over the life of the deal, thereby enhancing the profits of a company in one year, and possibly increasing the value of the company. Share price rises, bonuses rise.
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