Understanding The FM "Monster"

LeClercq: Anybody that says that a company doesn't have to pay for the cost of equipment upgrades, that's a ridiculous statement. Even when we're using our own Lanier equipment, there's a cost associated with that that has to be depreciated.

IPG: So that gets passed along?

LeClercq: Sure, it has to. Otherwise, you've got an unrealistic picture of your profit and loss statement.