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Re: None

Thursday, 11/21/2019 11:10:01 AM

Thursday, November 21, 2019 11:10:01 AM

Post# of 163982
Being that I've never been a CPA/auditor/whatever, what is the explanation for valuing the inventory at retail when "under normal circumstances" it would be valued at cost?

Yes, it will raise the balance sheet now, but it has to readjust down the road and that doesn't sound favorable.

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