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Replies to post #52750 on Tytan Holdings Inc (TYTN)

Replies to #52750 on Tytan Holdings Inc (TYTN)

j45

08/15/11 2:33 PM

#52752 RE: joe smith1 #52750

absolutely

tractormech

08/15/11 2:58 PM

#52774 RE: joe smith1 #52750

No, it is the cost of sales. The bottom line is the bottom line and the accountant is a former IRS agent. The inventory has gone up and is on a FIFO basis with the cost as not the retail price. Retained cash is also up (think cash in the bank).