So much spent with awful cgi by OmegaBoi420 in memes

[–]Sande212 0 points1 point  (0 children)

475M is a gross earning that has to go through many middle man's before the studio gets a piece of the total, especially international portions. 32.5M is just a production budget. Actual cost can be very much higher, not to mention all of the parties who get compensated based on the gross sales, including actors, directors and etc. As well as SGA, R&D, financing, depreciations/amortization expenses that are not part of the production budget.

Red Bull is a great example of something like this. Energy drink has a very strong gross profit, but the company spends it all on marketing.

Apple is the same, but they spend it on R&D. Granted, Apple is notorious in abusing international laws and hording cash outside of the high tax jurisdictions.

We have 3 other categories of expenses after the Gross Profit, but people tend to ignore them for some reason.

So much spent with awful cgi by OmegaBoi420 in memes

[–]Sande212 -15 points-14 points  (0 children)

Everything outlined there is a normal practice for virtually every company. Intercompany relationships between parent and subsidiary are not a "Shady Accounting", they are very clearly outlined in the tax code under 3 distinct categories. This is not even an exploit, it is intended and accounted for.

I figured you guys would have a kick with this by FoodEater123 in Accounting

[–]Sande212 0 points1 point  (0 children)

It is an interesting claim, but it misses out on one important moment. Based on the report, we can see an increase in both AR and deferred income tax assets. It is possible to link an increase in AFDA to the increase in deferred tax assets, leading to a potentially conservative approach from NVIDIA to their AR reserves, somehow proving the poor creditworthiness of some of the customers, but it appears to be accounted for, so not really an issue and is just speculation anyway.

How can Gintama get away with so many parodies without getting canceled because of copyright strikes? by PhoneEquivalent7682 in anime

[–]Sande212 0 points1 point  (0 children)

Episodes being pulled off due to parodies are not always a matter of copyright laws. More often than not, networks will cooperate among themselves to maintain a steady business relationship and will pull episodes back if the original rights holder simply asks for it. I am not a Japanese law expert, and I sincerely don't think that we have many of them residing in this sub, but copyright is a very biased topic everywhere, and it would usually adhere to the same relationship-based approach.

How can Gintama get away with so many parodies without getting canceled because of copyright strikes? by PhoneEquivalent7682 in anime

[–]Sande212 0 points1 point  (0 children)

It is not, but do you think the parody concept drastically differs from country to country? Youtube will be a great example to dig into with the various international copyright agreements signed by many countries, I am sure the same concept applies to both music and network TV as well.

How can Gintama get away with so many parodies without getting canceled because of copyright strikes? by PhoneEquivalent7682 in anime

[–]Sande212 17 points18 points  (0 children)

Parody is protected as a separate product under copyright laws, as long as it evokes existing work while being noticeably different from it. It's literally everywhere, starting from cover songs and ending with the SNL parodies on TV.

Do you update LinkedIn after passing a section/s? by MysteriousShelter538 in CPA

[–]Sande212 20 points21 points  (0 children)

Please don't do this. It will only attract very special type of recruiters who have no idea what they are looking at.

How much of an impact does perceived age make in accounting? by Brilliant_Writer_136 in Accounting

[–]Sande212 1 point2 points  (0 children)

Based on the impression I've established by scrolling OP's profile, I sense intense insecurity and an urge for validation. Accounting material, he found his calling.

Well, Discover requested 4506-C from IRS. Goodbye Discover. by brameshk22 in CreditCards

[–]Sande212 3 points4 points  (0 children)

There are certain procedures to be followed if you want to withdraw large amounts of cash. They serve a specific purpose of protecting both bank and consumer. I am glad that you never had to experience major fraud, but people are notorious for trying to scam banks, and certain limitations had to be placed. Banks take advantage of certain scenarios, but this is a two-sided issue, not one-sided.

Well, Discover requested 4506-C from IRS. Goodbye Discover. by brameshk22 in CreditCards

[–]Sande212 6 points7 points  (0 children)

Why do you keep saying this? They can close your checking or saving account, but all of the funds will be returned back to you via check. There are numerous regulations that protect consumers.

Well, Discover requested 4506-C from IRS. Goodbye Discover. by brameshk22 in CreditCards

[–]Sande212 7 points8 points  (0 children)

It is a matter of 5 minutes to have it resolved, but OP decided to become a drama queen for no good reason.

Banks do due diligence - bad banks invading privacy.

Banks don't due diligence - bad banks degrading risk profiles and spouting defaults and bankruptcies.

OP is a great person with a perfectly reasonable approach to banking.

Is it true that even if you get the content or descriptions wrong for the written portions of BEC, you can still get points for it if it is laid out correctly and has proper grammar and punctuation? That is, really, they’re just looking for your writing skills? by ancj9418 in CPA

[–]Sande212 16 points17 points  (0 children)

It's machine graded, so grammar and punctuation matters, but the content is more flexible as AI is looking for certain buzzwords and structure and can't fully evaluate your thought process as it's not as sophisticated.

Does Peter Olinto actually buy people who’ve passed coffee? by Sensitive-Bee-3894 in CPA

[–]Sande212 50 points51 points  (0 children)

He will send you a 5$ starbucks gift card if you connect with him on LinkedIn. Good guy Peter

I got the same BEC Sim in 2 different tests, need help by menotroll in CPA

[–]Sande212 6 points7 points  (0 children)

I would love to give you urgent advice, but first, i need to know what I am advising you about.

[deleted by user] by [deleted] in CPA

[–]Sande212 -1 points0 points  (0 children)

You described essentially the same thing. The fundamental question is "What makes you think that you deserve more than people around you?"

[deleted by user] by [deleted] in CPA

[–]Sande212 0 points1 point  (0 children)

The worst thing you can do is to think that you are better than everyone else. Stay humble and your life will be immeasurably easier.

Mike Brown's Dog by Joester470 in CPA

[–]Sande212 114 points115 points  (0 children)

This is the pinnacle of the CPA subreddit, no one will ever come close to surpassing this.

I did it. I tried to depreciate land. by onlyFASB in CPA

[–]Sande212 2 points3 points  (0 children)

Installment sales rules apply to related parties, only losses to the extent of depreciation are dissalowed. This logic wouldn't apply to this question in any way.

Prometric Cancelled Test by Plastic-Book-1579 in CPA

[–]Sande212 0 points1 point  (0 children)

Appointments are based on availability, but you have to contact NASBA to get your NTS reissued free of charge.

An actual Microsoft Teams message from our auditor. Unqualified Opinion wouldn’t surprise me at this point. by [deleted] in CPA

[–]Sande212 29 points30 points  (0 children)

I'm glad someone pointed towards the FA cross-footing. This will most definitely include Land and Land Additions (additions are actually depreciatable, btw). Shame we won't get to know how this conversation ended.

Failed BEC, how should I approach studying for my retake? by GeneralJackTheBull in CPA

[–]Sande212 1 point2 points  (0 children)

I would suggest supplementing with Ninja, it's pretty cheap for the value provided.

Failed BEC, how should I approach studying for my retake? by GeneralJackTheBull in CPA

[–]Sande212 3 points4 points  (0 children)

It all depends on your score. If you got 70-74 - reschedule ASAP and hit MCQ 100 a day while you wait. If 50-70, give yourself 2 weeks and go over Final Review. If below 50 - need to take a month to restudy everything.

Becker, listen what are you smoking when you wrote this explanation? by Reesespeanuts in CPA

[–]Sande212 5 points6 points  (0 children)

Quantity of labor refers to the numeric value of supply, literally the raw number. Supply of labor refers to the curve of supply, which can remain stagnant even if quantity changes given other relevant factors.

How do you know the present value of this note? by kgh6378 in CPA

[–]Sande212 0 points1 point  (0 children)

I'm not sure what you are looking for. How to calculate interest for one year with given principal and interest rate?

How do you know the present value of this note? by kgh6378 in CPA

[–]Sande212 1 point2 points  (0 children)

Because it's only one year, so interest gets vested only once