If a company neglected to record depreciation expense for the year,the company's profit margin on sales ratio would be overstated.

Name: If a company neglected to record depreciation expense for the year,the company's profit margin on sales ratio would be overstated.
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Depreciation expense is a noncash expense that reduces a company's net income. If it is not recorded, net income will be higher than it should be, which will result in an overstated profit margin on sales ratio.

If a Company Neglected to Record Depreciation Expense for the Year,the