Will rate for quick answer

D Question 16 3.2 If Chewbacca Company has net sales of $500,000 and cost of goods sold of $350,000, Chewbacca's gross profit rate is 100%. 43%. 30%. 70%. Question 17 An overstatement of ending inventory in one period results in O no effect on inventory of the next period. an overstatement of beginning inventory of the next period. an overstatement of net income of the next period. an overstatement of the ending inventory of the next period