Dijon Mustard Lte. reported the following comparative income statement for the years ended September 30, 2016 and

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Dijon Mustard Ltée. reported the following comparative income statement for the years ended September 30, 2016 and 2017:

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Dijon's shareholders are thrilled by the company's boost in sales and net income during 2017. Then they discover that the 2016 ending inventory was understated by $10,000. How well did Dijon really perform in 2017, as compared with 2016?
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Financial Accounting

ISBN: 978-0134564142

6th Canadian edition

Authors: Walter Jr. Harrison, Charles T. Horngren, C. William Thomas, Greg Berberich, Catherine Seguin

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