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    Business
  3. Study Set
    Fundamentals of Financial Accounting
  4. Exam
    Exam 7: Reporting and Interpreting Inventories and Cost of Goods Sold
  5. Question
    If the Ball Corp.writes Down Its Inventory,its
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If the Ball Corp.writes Down Its Inventory,its

Question 204

Question 204

Multiple Choice

If the Ball Corp.writes down its inventory,its:


A) cost of goods sold will decrease.
B) net income will increased.
C) its current assets will decreased.
D) its stockholders' equity will increase.

Correct Answer:

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