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thanks rus1bus,

For the first one I do agree with you and I am also of the same opinion till I chanced upon a post titled "Request Preferred Shares and GP Margin" on 10th Dec 2008. Pls take a look at that, i could not follow that.

On the second one, thanks for the clarification, I know how COGS and SG&A are laid out in an Income Statement so I know the calculation of GP and Op too, but what foxed me is Depreciation appearing in COGS or SG&A , because Depreciation should ideally appear after Operating Profit along with amortisation to give us EBIT. pls correct me if i am wrong, as I am not an accounts student.

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