If cost of goods sold for the year was overstated,but all other financial statements items were properly reported,the calculated inventory turnover ratio would:

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The inventory turnover ratio is calculated by dividing the cost of goods sold by the average inventory level during a period. If the cost of goods sold is overstated, the ratio would be artificially inflated, making it appear that inventory is being turned over more times than it actually is. This could lead to incorrect conclusions about the efficiency of inventory management and could also impact other financial ratios that are dependent on the inventory turnover ratio, such as the days sales in inventory ratio.

If Cost of Goods Sold for the Year Was Overstated,but