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Exact(16)
If resource constraints are significant, this means that current models will persistently understate the value of liabilities.
"The share price fell to a level which I think does significantly understate the value of those assets, if they are run properly".
1 Shortchanged on Taxes Americans routinely understate the value of what they give their heirs, costing the government more than $275 million last year.
But as soon as the numbers became public, industry analysts said the figures appeared to sharply understate the value of his holdings.
But Burlington's numbers also highlight the essential issue raised by many critics: the rules let companies understate the value of their gas sales by taking scores of deductions.
That should be hefty: current guesses of £400m to £500m a year almost certainly understate the value in today's tumultuous markets of such a gold-bottomed undertaking.
Similar(44)
Audits of 1,651 gifts to relatives and friends found that more than 80percentt understated the value.
Mr. Eisen understates the value added to medical research articles by journals such as ours.
More than 80percentt of the 1,651 tax returns reporting gifts of $1 million or more that were audited last year understated the value of the gift, the I.R.S. found.
The agencies are also examining how employees in the office understated the value of their trades to hide the extent of the losses from their superiors in New York.
When the bet soured last year, authorities suspect, the two employees understated the value of their trades to hide the problem from executives in New York.
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