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Accounts officers at xerox corporation discoveredthat

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Accounts officers at Xerox corporation discoveredthat significant errors have been made in the valuation ofinventory and are worried that it might have significant impact onthe Net Income and Earnings per share. What are the possible top 3effects of the errors on net income? What could have been the top 2reasons behind incorrect valuation of the inventory?

Reference no: EM13614120

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