Big Bath

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Big Bath

The practice of making poor earnings of a company, especially of a publicly-traded company, appear worse than they really are. One may accomplish a big bath through write-offs, prepaid expenses, and so forth. The hidden earnings are revealed in a year, when earnings are better, to make them look even better than they really are. A new CEO sometimes takes a big bath to artificially inflate earnings in the second year of his tenure. This allows him to blame the previous bad year on the CEO who came before him. Not coincidentally, it also increases this CEO's chances of receiving a large bonus in the second year.
References in classic literature ?
Her mother tubs her, for she is far too precious to be touched by any nurse, and then she is rolled up in a big bath towel, and only her little pink toes peep out; and when she is powdered, and combed, and tied up in her night-dress, and all her curls are on end, and her ears glowing, she is knelt down on her mother's lap, a little bundle of fragrant flesh, and her face reflects the quiet of her mother's face as she goes through her evening prayer for pity and for peace.
The slaughterhouse was a large bare hall with pens for the animals and a separate place for the big baths of brine.
By the time I got in the dressing room, the big baths were just full of boys in kilts with cans of lager - drinking with the likes of big Gordon McQueen.
He explains on ITV's Orange Playlist tonight: "Even today, there are grounds you go to where there are big baths.
They're all kitted out with big mirrors, big baths and big polished granite shelves.
An education dome will give families a chance to discover the gruesome world of germs inside a giant u-bend and big baths.
Therefore, it is not surprising that SEC Chairman Arthur Levitt criticized gimmicks such as big baths and the classification of merger costs as in process research and development, which can be written off immediately.
IF you can afford it, celebrate your new closeness with a mini-break to a glamorous hotel, featuring big baths and soft beds.