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  3. during her first year with the company, ann mistak

During her first year with the company, Ann mistakenly accumulated some of the company's period...

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Accounting

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During her first year with the company, Ann mistakenly accumulated some of the company's period costs in ending inventory. Which of the following indicates how this error affects the company's financial statements assuming number of units produced exceeded number of units sold during the period? Multiple Choice Cash flows from operations are understated. Gross margin is unaffected. Net income is overstated. Inventory is understated. EEEEEEEEE

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