Typically they use EBITA for covenants but GAAP is absolutely used. https://twitter.com/LincolnFresno/status/1310611213588389892 …
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I'm not sure what you said but it sounds like rich people making money off being rich while somehow actually being broke
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It sounds so easy but in reality it is quite difficult. I tried to cook my books but instead of making money I just started a fire.....lol bad accounting joke
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Our system sucks
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