Business
Business, 08.04.2020 01:28, dinadenoirefan

Oriole Inc. reported total assets of $2407000 and net income of $324000 for the current year. Oriole determined that inventory was overstated by $25500 at the beginning of the year (this was not corrected). Ignoring income taxes, what is the corrected amount for total assets and net income for the year?

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Oriole Inc. reported total assets of $2407000 and net income of $324000 for the current year. Oriole...

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