Inventories at the end of 2017 were overvalued. At the end of 2018, stocks were right. What

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Inventories at the end of 2017 were overvalued. At the end of 2018, stocks were right. What effect does the stock have in the 2018 right, on the margin in 2018?

choices (1 correct)

The inventory correction has no effect on the margin.

The margin is underestimated.

The margin is overestimated.

Has no effect.

Related Book For answer-question

Managerial Accounting

ISBN: 978-1119158011

6th edition

Authors: James Jiambalvo

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Posted Date: Feb 03, 2024 12:21 AM

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Inventories at the end of 2017 were overvalued. At the end of 2018, stocks were right. What

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Managerial Accounting

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