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This is from Contemporary Auditing Knapp 6th Edition. Case study 2.8 Perry Drug Stores INC. 1. Develop an example to illustrate how using an improper
This is from Contemporary Auditing Knapp 6th Edition. Case study 2.8 Perry Drug Stores INC.
1. Develop an example to illustrate how using an improper gross profit margin percentage in applying the gross profit method can significantly distort a company's reported inventory and cost of goods sold.
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