Question: After the books were closed for the month an error was discovered that overstated the ending inventory. Explain the impact this will have on your

After the books were closed for the month an error was discovered that overstated the ending inventory. Explain the impact this will have on your gross profit. Since the books were already closed for the year explain what this means for the hotel's financials. Provide your answer in the space below. Make sure you write in complete sentences, using correct grammar and spelling

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