GREY:CNTTQ - Post by User
Comment by
Analystguyon Mar 29, 2019 8:42am
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Post# 29552852
RE:RE:Alright last post
RE:RE:Alright last postIn fairness to TRST, it changed its accounting policy in 2018 to capitalize all direct and indirect production costs then expense to COGS when product is sold. The effect of this policy on net income is nil. It will,however, increase COGS which lower margins, but it also reduces G&A expense.