If an entity overstates its ending inventory for the current year, what are the effects on assets, cost of goods sold, retained earnings, and total stockholders' equity for the current year?

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The Answer of If an entity overstates its ending inventory for the current year, what are the effects on assets, cost of goods sold, retained earnings, and total stockholders' equity for the current year?

If an Entity Overstates Its Ending Inventory for the Current