The president of Murray Stainless Steel Corporation has told you to go out to the factory and

Question:

The president of Murray Stainless Steel Corporation has told you to go out to the factory and count merchandise inventory. He said the stockholders were coming for a meeting and he wanted to put on a good show. He asked you to make the inventory a bit heavy by counting one row twice. The higher ending inventory will show a higher net income. What should you do?

Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula Ending Inventory Formula =... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...