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Replies to post #697 on China Armco Metals Inc. (CNAM)

Replies to #697 on China Armco Metals Inc. (CNAM)

mojopuppy

04/06/11 7:41 PM

#698 RE: viking86 #697

Revenue is not recorded until the customer takes possession of CNAM's product. So "delivered" = revenue, "produced" = inventory.