Principles of Auditing & Other Assurance Services (Irwin Accounting)
20th Edition
ISBN: 9780077729141
Author: Ray Whittington, Kurt Pany
Publisher: McGraw-Hill Education
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Question
Chapter 6C, Problem 4P
a.
To determine
Complete the working paper by computing the financial ratios for the year 20X5.
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
Principles of Auditing & Other Assurance Services (Irwin Accounting)
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