3/7/2014 8:51:42 PM
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Section 5: OPA Board Subject: COPE Golf Petition? Msg# 879869
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Thank you Nancy. | ||||||
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For reference, the above message is a reply to a message where: In my professional opinion, the recovery of the investment in a depreciable asset is all about maintaining the net resources available to an organization over the life of a depreciable asset. To decide not to recover these investments would essentially mean denying future boards from having the same net resources as the board that decided to initially invest in the assets. I know this may be more than you asked for, but when it comes to depreciation I cannot help myself. Gene Hi Gene, I am so glad that you got back here just in the nick of time! Nancy |
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