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What would happen to a company inventory turnover ratio

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Reference no: EM132735679

Problem 1: What would happen to a company's inventory turnover ratio for the current year if it were to accidentally overstated its Curent year's ending inventory balance?

option :

a. Its inventory turnover ratio would be understated
b. Its inventory turnover ratio would be overstated
c. Its inventory turnover ratio would be unaffected
d. Its inventory turnover ratio would double

Reference no: EM132735679

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