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Business, 14.03.2020 02:56 chrisraptorofficial

Suppose a company overstates its ending inventory for 2021. What effect will this have on the reported amount of cost of goods sold for 2021? Understate cost of goods sold. Have no effect on cost of goods sold. Overstate cost of goods sold. Cannot be determined given the information provided.

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Suppose a company overstates its ending inventory for 2021. What effect will this have on the report...
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