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Finish attempt Question 8 Not complete Marked out of 1.00 P Flag question Errors in Inventory Count Bow Corp. accidentally overstated its 2015 ending inventory

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Finish attempt Question 8 Not complete Marked out of 1.00 P Flag question Errors in Inventory Count Bow Corp. accidentally overstated its 2015 ending inventory by 5750. Assume that ending 2016 Inventory is accurately counted. The error in 2015 will have what effect on Bow Corp.? 2015 net income is understated by 5750. b. 2015 net income is overstated by 5750. c. 2016 net income is understated by 5750. d. Both band care correct. Check Previous Save Answers

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