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  • On EPS and MLPs [View article]
    See my comment to Mr. Gue's reply to you.


    On Nov 01 02:07 PM Karl Glazier wrote:

    > By adding back depreciation, aren't you assuming the assets will
    > never have to be replaced?
    > If the assets are depreciated over a shorter period than their expected
    > life, an adjustment should be made accordingly.
    > But adding back all depreciation is not reflecting reality.
    > If I am counting only the maintenance expenses on my car, I am fooling
    > myself.
    Nov 02 10:50 am |Rating: 0 0
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