Severe Weather Warning
It's that time of year again, folks, when the cash flows statement comes a-calling and the accounting students grab their balance sheets and head for high ground. This one is a doozy, looks like it's going to be consolidated at 70% between ABC and XYZ, with low-pressure zone of subsidiary bond maturation meeting up with a high-pressure zone of parent deferred income taxes over the additional paid-in capital lowlands (between the twin mountain ranges of Preferred and Common Stock). Plenty of room in the lowlands for error-tornadoes, there are definitely going to be some electrical goings-on in the region of the stock issuances, especially with the current heat wave in the gains on sales. The clearance for direct methods is nowhere to be seen, so we'll have to handle this on an indirect basis.
Folks, this is gonna be a mother of a storm, so bundle up and keep your umbrellas handy.
Folks, this is gonna be a mother of a storm, so bundle up and keep your umbrellas handy.