The income statement for Pruitt Company summarized for a four-year period shows the following: ...
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The income statement for Pruitt Company summarized for a fouryear period shows the following: An audit revealed that in determining these amounts, the ending inventory for was overstated by $ The company uses a periodic inventory system. What effect would the error have had on the income tax expense assuming a percent average rate? 
The income statement for Pruitt Company summarized for a fouryear period shows the following:
An audit revealed that in determining these amounts, the ending inventory for was overstated by $ The
company uses a periodic inventory system.
What effect would the error have had on the income tax expense assuming a percent average rate?
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