GEN COMBO LL PRINCIPLES OF AUDITING & OTHER ASSURANCE SERVICES; CONNECT AC
21st Edition
ISBN: 9781260427202
Author: Ray Whittington, Kurt Pany
Publisher: McGraw-Hill Education
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Chapter 6C, Problem 4P
a.
To determine
Recalculate the given ratios using excel.
b.
To determine
Identify financial statements accounts that need to be investigated as the ratios recalculated cannot be compared to previous ratios, industry averages, or the knowledge of the company.
c.
To determine
Identify the potential reasons for the unexpected accounts balance and related ratios for the accounts listed in part b.
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Chapter 6C Solutions
GEN COMBO LL PRINCIPLES OF AUDITING & OTHER ASSURANCE SERVICES; CONNECT AC
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Topic 6 - Financial statement analysis; Author: drdavebond;https://www.youtube.com/watch?v=uUnP5qkbQ20;License: Standard Youtube License