American Scientific Resources (ASFX)

[wilson3]

Net is bottom line after all expenses, costs. There are a lot of ways to figure GP, depending on what you put in COGS. Usually there is a lot more in COGS than cost of the product. Things such as transportation, warehousing...you name it. ACP (accepted accounting practices) allow for a lot of things to go in there. It just depends on the industry, or the company itself. since they are transparantly reporting to the SEC, then they are within acceptable guidelines. Hope that helps