EBK AUDITING+ASSURANCE SERVICES
EBK AUDITING+ASSURANCE SERVICES
17th Edition
ISBN: 9780135171219
Author: ARENS
Publisher: PEARSON CO
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Chapter 21, Problem 26DQP

a.

To determine

To calculate the gross margin and inventory turnover ratio.

b.

To determine

The causes leading to changes in ratios.

c.

To determine

To identify the possibility of material misstatements in calculated ratios..

d.

To determine

To identify the causes of potential misstatements.

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