People sometimes use "investment" (and its cognates) more loosely than a CPA would.
Sales rep: "So your total investment in this software would be $86,500" -- in spite of the fact that the company will probably expense the cost, not capitalize it. "Investment" sounds so much better than "price" or "cost." Charles -----Original Message----- From: IBM Mainframe Discussion List [mailto:IBM-MAIN@LISTSERV.UA.EDU] On Behalf Of Blaicher, Christopher Y. Sent: Wednesday, December 14, 2016 6:37 AM To: IBM-MAIN@LISTSERV.UA.EDU Subject: Re: IBM Lays Out Plans to Hire 25,000 in U.S. Ahead of Trump Meeting FYI - Salary is not investment. Salary is an expense. Investment is money spent generally on physical items, although it can be for R & D, which in the world of software is 99.9% salary. $10,000 doesn't get you a programmer in India, let alone in the USA which is where they are saying they are hiring, so I think in this case they were putting the $1B in the physical item category and not including salary in it. ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to lists...@listserv.ua.edu with the message: INFO IBM-MAIN