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When letfery was counting inventory for a targe retail chain of stores, he missed one large pallet of older items warth 535 oco this didint

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When letfery was counting inventory for a targe retail chain of stores, he missed one large pallet of older items warth 535 oco this didint siny anything because he knew they would be included in next month's count. What is the net effect on groft for the currint month? overstated by $17,500 overstated by $35,000 understated by $35,000

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