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Post# of 160842
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TenKay

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TenKay

Re: NoMoDo post# 151202

Wednesday, 08/20/2025 9:31:41 AM

Wednesday, August 20, 2025 9:31:41 AM

Post# of 160842
“And it is inventory.“

No it is not. “Inventory” is generally a “current asset”.

That pile of fertilizer is booked as a “non-current” asset, which means they have no expectation of being able to monetize it in the 12 months following the filing.

Teaching you Accounting 101 is getting tiresome.

1) Do I own stock?
Answer: No. I don’t invest in penny stocks.
2) Why am I here?
Answer: I like debating things that I have a 95.7% chance of being right about.
3) Am I a paid basher?
Answer: Wait…what? You can get paid for this?

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