Ethical Obligations And Decision-making In Accounting Text And Cases 5th
Ethical Obligations And Decision-making In Accounting Text And Cases 5th
5th Edition
ISBN: 9781259969461
Author: Mintz
Publisher: McGraw Hill
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Chapter 5, Problem 13DQ
To determine

Identify the role of data analysis in detecting the fraud and its drawbacks.   

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Anti-Pandemic Pharma Co. Ltd. reports the following information in its income statement: Sales = $5,250,000; Costs = $2,173,000; Other expenses = $187,400; Depreciation expense = $79,000; Interest expense= $53,555; Taxes = $76,000; Dividends = $69,000. $136,700 worth of new shares were also issued during the year and long-term debt worth $65,300 was redeemed. a) Compute the cash flow from assets b) Compute the net change in working capital
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