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Mollo says when some catalogers devise profit-and-loss statements for each book, they often think that sale books produce a loss. But, he cautions, it’s usually only a paper loss. “They should look instead at how much inventory they’ve moved with that sale book.”
“If you didn’t have a sale book, how would you dispose of the $2.16 million in inventory?” asks Mollo.
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- Companies:
- GJM Associates Inc.
Reported Donna Loyle
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