Overstated ending inventory results in an overstatement of cost of goods sold and an understatement of gross

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Overstated ending inventory results in an overstatement of cost of goods sold and an understatement of gross margin and net income. pg58

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Accounting A Business Perspective

ISBN: 9780075615859

7th Edition

Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher

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