Required information (The following information applies to the questions displayed below) Fausett Electronics, Incorporated, headquartered in Richfield, Minnesota, is one of the leading consumer electronics retallers, operating more than 1,000 stores across the globe. The following was reported in a recent annual report: 2. Assume that Fausett Electronics falled to record depreciation during the current year. Indicate the effect of the error (i.e, overstated or understated) on the following ratios