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  3. an audit revealed that in determining these amount

An audit revealed that in determining these amounts, the ending inventory for 2017 was overstated...

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Accounting

An audit revealed that in determining these amounts, the ending inventory for 2017 was overstated by $19,000. The
company uses a periodic inventory system.
Compute the gross profit percentage for each year before the correction and after the correction.
Note: Round your answers to the nearest whole percent.
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