Bluedriver, you’re missing ExCargo’s point. According isn’t as black and white as you seem to think it is. There are tons of ways to massage the numbers to effect the outcomes that you want. Corporate finance is more art than math. Amazon famously netted zero profit during their tremendous growth phase (along with a meteoric share price rise). Shareholders called for Bezos’ head, right? Lulz.

There are levels to this and it would be very wise to include protections from accounting *******ery.