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If ending inventory is overstated, then: cost of goods sold and ending inventory will both be overstated cost of goods sold will be overstated and
If ending inventory is overstated, then: cost of goods sold and ending inventory will both be overstated cost of goods sold will be overstated and ending inventory will be understated cost of goods sold and ending inventory will both be understated cost of goods sold will be understated and ending inventory will be overstated
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