WDC/Sandisk Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : WDC/Sandisk Corporation

WDC 172.05

-2.4%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Road Walker who wrote (19478)	3/6/2001 10:39:43 PM
From: Zeev Hed	of 60323

John, it is very simple, but if you did not charge yourself (on the income statement) for creating the inventory, you cannot credit that inventory to your assets on the balance sheet. You'll end up with inventory that has no cost. That is why inventory typically consists of three calsses, Materials (which you have not added any value added to and is not in your COGS), work in process (which is laready charged to your income statement because you had people handling and partially treating the incoming materials) and finished goods, which already bear the full load of you operations. Only the first of these three elements is not in the COGS. Zeev

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next