Hi 3500, maybe I'm dumb but I don't follow your comment 'The large change in inventories of finished goods & work in progress which is stated as income in the P&L statement while it is still in the warehouse & not actually sold'. I wouldn't have thought that inventory not actually sold could be stated as income?I thought the Inventory is either transferred out to Cost of Goods Sold when sold, or retained as an asset in Inventory when not sold?
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Hi 3500, maybe I'm dumb but I don't follow your comment 'The...
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