Question: entory error impact on ratios A 1 Indicate whether the failure to include in - transit inventory as part of thephysical count results in an

entory error impact on ratios A

1

Indicate whether the failure to include in

-

transit inventory as part of thephysical count results in an overstatement, understatement, or no effect on the following ratios.Gross margin ratioProfit margin ratioAcid

-

test ratioCurrent ratio

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