In January 2015, Hyundai Motor Group (KRX), headquartered in Seoul, South Korea, announced plans to spend over $74 billion in the next four years. This spending plan is in response to pressure from the South Korean government to stop hoarding cash and instead use the cash to make investments and to hire more workers. Hyundai […]
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Tag Archives: capitalize
What is the balance sheet impact of Delta’s improvements to its LAX Terminal 5?
May 27, 2014 
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Delta Air Lines is partnering with the City of Los Angeles and Los Angeles World Airports (LAWA) to overhaul Terminal 5 at Los Angeles International Airport (LAX) for a total estimated cost of $240 million. The project is expected to start in 2015. Delta is contributing $12 million for check-in and lounge improvements and the […]
Continue readingWill Uber capitalize or expense the renovations to its headquarters in San Francisco?
March 17, 2014 0 Comments
Uber, is a startup with a mobile app for connecting passengers with drivers of vehicles for hire. Uber arranges rides in several North American cities (for example, New York, Chicago, and San Francisco) and has recently expanded to include countries outside of North America (for example, United Kingdom and France). Recently, it was reported that […]
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Accounting in the Headlines 