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If a company overstates its ending inventory balance for 2015 by $10,000, and understates its ending inventory balance for 2014 by $5,000 what are the effects on its net income for 2015 and 2014?
Washington
A state in the Pacific Northwest region of the United States, known for its large forest areas, the Cascade Range, and being the home of the city of Seattle.
Television Sets
Electronic devices designed to receive and display broadcasts of moving images along with sound, creating a visual entertainment medium.
Arkansas
A state located in the southeastern region of the United States known for its diverse landscapes ranging from mountains to rivers and forests.
Distribution Center
A strategic facility in logistics where products are received, stored, and then distributed to consumers or retail outlets.
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