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hopester

10/10/20 1:21 PM

#122513 RE: chumppunk #122490

I checked with my wife who is a CPA and was assoc professor at
a college.
You are correct in your statement on what comprises inventory.... at this time. That will change however if they ever have sales of the drug. Then the "net realizable value comes into play and the inventory is adjusted up or down depending on what the mark up or mark down is.
One also has to consider the shelf life of the product as a depreciating factor if it expires.