Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: KyrosL who wrote (20955)	7/8/2002 3:43:27 PM
From: Raymond Duray	Read Replies (1) of 74559

Yes, you are wrong. Look at any retailer's annual report under the section "Summary of Accounting Policies". You will find a statement similar to "Retail Sales Retail sales include merchandise and services, net of returns, and exclude sales taxes. Source: Short & Welsch - "Fundamentals of Financial Accounting". (Sixth Edition) p. 815. """"""""""""""""""""""""""""""""""""""""""""""""""""" Do you always simply blow smoke? This country is getting fed up with bullshit artists. You are going out of style. -Ray

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