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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Paul Engel who wrote (28547)2/20/1998 2:03:00 AM
From: Rachel M. Kuecks  Read Replies (2) | Respond to of 1578097
 
I believe that inventory is valued at cost and not sales price so you need to divide by (1 - gross margins) to get inventory in terms of sales dollars.