Compute Hudson River Trucks' correct gross profit, assuming the company's ending inventory is overstated by $1,100. Show
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Compute Hudson River Trucks' correct gross profit, assuming the company's ending inventory is overstated by $1,100. Show your work. | |
2. | Compute Hudson River Trucks' correct gross profit, assuming the company's ending inventory is understated by $2,000. Show your work |
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Hudson River Trucks reported sales revenue of $151,000 and cost of goods sold of $88,000. Hudson River Trucks reported sales revenue of $151,000 and cost of goods sold of $88,000.
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