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Why would a company want to lower sales or lower net income? Explain. Higher sales...

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Accounting

Why would a company want to lower sales or lower net income? Explain. Higher sales would mean more income- would that be a goal for a growing company? Explain.

Would the overstatement/understatement of inventory violate any accounting practices? Explain. What would you as the accountant recommend Lenny do? Would you recommend he place the order? Explain.

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