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17-10-2013, 07:41 AM
Hi buddies,
Sorry to ask some silly qn here.
When a company write down inventory, it will captured in the loss?
When there is a reversal of inventory write down, then it will be captured as profits?
I saw a company with both write down and reversal in the same year, so we take the net? Write down and reversal are are cash items right??? Where will be captured under the cash flow statement.
I got the figures from footnotes of AR. Trying to make more sense of things .. Thanks for any help
Sorry to ask some silly qn here.
When a company write down inventory, it will captured in the loss?
When there is a reversal of inventory write down, then it will be captured as profits?
I saw a company with both write down and reversal in the same year, so we take the net? Write down and reversal are are cash items right??? Where will be captured under the cash flow statement.
I got the figures from footnotes of AR. Trying to make more sense of things .. Thanks for any help
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