Recent comments in /f/news

RubberPny t1_jc3ab5f wrote

Private as well. Let me give you an example. My former job had a property with a few "trailers" on it, that it was using as temporary offices. Said trailers cost, $20,000 each to outright buy. Ok so 2 trailers x $20,000 = $40,000, not bad to own 2 good to go offices. Turns out, they did not buy them, they used a "rental" from the trailer company, where they were paying $2000/month.....for 20 years, a total of $960,000 wasted on rentals over a 20 year period, when they could have outright bought them for $40,000. Of course, no one in finance caught this, they were just writing the check each month for the rental, without a review of bills payable. When the CEO learned of this, the trailers were gone within one week. LOL

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