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Old 10-31-2007, 08:04 AM
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iZm
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Quote:
Originally Posted by Gilliland View Post
I'm not sure where that notion came from, but it's not true. Most companies use the standard calendar year as their fiscal year. There are some that don't, but there's no particular rule as to what year they do use. Some begin in July, some in other months. I've never heard of one starting in November, but I'm sure there must be one or two out there that do. In any event, it's certainly not a standard.

And even if Sprint did use a non-standard fiscal year, they wouldn't use those dates to talk about this kind of topic. For our purposes, Q108 starts in January.
I would have to agree with Gilliland. I would not guarantee that their fiscal year is definitely in sync with our calendar year. However, by definition the fiscal year is just an "accounting year." It can correspond to the calendar year or be something like, July 1 to June 30, as many government entities have it.

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iZm
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