"First in, last out."
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There’s a detailed note on inventories in the section called “management’s discussion of earnings” in the annual report.
I always check to see if inventories are piling up. With a manufacturer or a retailer, an inventory buildup is usually a bad sign. When inventories grow faster than sale...
Over the last 40 years, few new antibiotics were discovered. At the same time, bacteria are developing antibiotic resistance, where antibiotics are less able to damage the cells of bacteria.
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