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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
Which of the following is an INCORRECT statement if ending inventory is overstated?
A) Cost of goods sold is overstated.
B) Gross profit is overstated.
C) Net income is overstated.
D) Income tax is overstated.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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7 years ago
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Massachusetts Institute of Technology
-- Accounting

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#2
3 years ago
thank you
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