Sentence examples for write off assets from inspiring English sources

French prosecutors began a probe into allegations of accounting irregularities at Vivendi in 2000-01 Jean-Marie Messieressits, its former boss, after a complaint by a shareholder group.See article: France's backward mobile-phone marketQwest Communications said that it would write off assets to the tune of $35 billion to erase the last vestiges of the telecoms boom from its balance sheet.

The PC maker is shedding staff and writing off assets.

Essendon took another hit of $806,000 as they wrote off assets at their old Windy Hill ground.

Much of that will cover severance costs for workers who leave, while $175 million will go toward closing factories and writing off assets.

Instant camera maker Polaroid prd said it would cut up to 700 jobs, or about 7% of its payroll, and take a $90 million charge in the fourth quarter to cover the costs of writing off assets and expanding a restructuring program.

Writing off assets like account receivables and inventory can kill a business, or at the very least damage it.

"There's a good chance that G.E. has already encouraged them to write off obsolete assets, take restructuring charges and end unprofitable customer relationships," said Mr. Ghriskey of Dreyfus.

"We're not saying we're not going to do these at all in the future, but in [these] three cases at least, it didn't work the way we had hoped it to work, and we decided to move on and basically write off those assets".

The company said that it would take a charge of $900 million to write off underperforming assets.

Fortunately, there's an easy way to get them moving again: allow them to speed up the rate at which they can write off depreciating assets.

In America cubicles benefited from a tweak to the tax code that made it easier to write off depreciating assets such as furniture.