"Profit" is nothing, as any of us with a finance background will confirm. I'll bet all the complete but undelivered 787s are in the books at their full sales value as trade stock.
Have dealt with companies who were profitable every month -until they went bankrupt. Now I'm not saying that this is Boeing, but it just shows how far accounting profit is from reality.
Profit = opinion. CASH = fact. How much have they got in the bank compared to last year ? And you net off loans for that. Can anyone point me at Boeing's balance sheets for recent years ? Who are their auditors ? How long have they been their auditors ?
Last edited by WHBM; 24th April 2013 at 14:47.