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ialghamdi1 t1_j8k5ihf wrote

Eliminations = top tier lining their own pockets

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IncomeStatementGuy OP t1_j8k6zrr wrote

That's their cocaine expenses.

Special accounting rule because the substance is illegal when consumed in its pure form instead of dispersed in coke.

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Obvious_Chapter2082 t1_j8kbq8n wrote

Bruh, eliminations are just intercompany transactions that are backed out so it’s not double counted

1