• SMU new site announcement banner
  • Skip to main content

    Final Thoughts

    Letter to the Editor: Accounting Is Not a Trick

    Written by Tim Triplett


    I was reading your Final Thoughts and appreciated most of your comments, but I have some major issues with the inaccuracy of this paragraph.

    “Accounting tricks like inventory write-downs can help narrow the gap between a service center’s cost for steel and what a customer is willing to pay for it. But some losses are inevitable, at least until the price declines begin to plateau.”

    Latest in Final Thoughts