PPRuNe Forums - View Single Post - Is RACWA on finals? YOU WERE WARNED!!
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Old 28th Dec 2010, 12:17
  #265 (permalink)  
Joker 10
 
Join Date: Feb 2009
Location: australia
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YPJT Missed your posting and yes you are right pre paid is positive for cash flow and negative for assets until brought to value through trade.

Maybe MM could give us all a quick accounting lesson on how assets are valued.

The most common approach I am aware of is "price is what the market will bear"

Anything else is wild speculation.
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