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Bill_Investor

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Bill_Investor

Re: Rawnoc post# 57964

Saturday, 07/17/2010 4:08:02 PM

Saturday, July 17, 2010 4:08:02 PM

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I disagree. Restructuring costs would booked into either operational expenses OR below the line (i.e. one time charge).

Restructuring costs are NOT booked as a cost of sales.

Gross margin for Q1 barely broke even, that tells me that the Pak-It operation was very unprofitable.






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