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If the ending inventory of a firm is overstated by $57,000, by how much and in what direction (overstated or understated) will the firm's operating

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If the ending inventory of a firm is overstated by $57,000, by how much and in what direction (overstated or understated) will the firm's operating income be misstated? (Hint Use the cost of goods sold model, enter hypothetically "correct. data, and then renect the effects o, the ending ver to yer or and determne ome on cost of poe atin Hints References eBook & Resources Hint

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