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