Tom C wrote: > I said alot more because the article said "Sales at the company, which also > makes medical > equipment rose 15 percent". > > I suspect alot of those sub-$700 K10D's are in the writedown. > >
No, I don't think it works quite that way. You don't include equipment that's sold a short time after it's produced in an inventory writedown, I believe. If you have a large supply of parts whose price have dropped that may be included, I suppose, but the final selling price of the product has little to do with this. Generally, a "loss" caused by a writedown is a sort of manipulation of numbers. It represents value that's gone, of course, but when exactly it's included in the results is somewhat arbitrary. Also, remember that the sub $700 price is included in the 15 percent increase in sales, so as to speak. > What is says to me is that while sales are up (good) and profit is up > (good), due to the writedown, net income is down (bad). > If net income is down only due to a writedown, that's probably close to "good", too. - T -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net to UNSUBSCRIBE from the PDML, please visit the link directly above and follow the directions.
