In order to determine how risky a particular company is that you are auditing, you prepare these
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In order to determine how risky a particular company is that you are auditing, you prepare these five ratios along with the same ratios of this company's peers:
What are your thoughts about the risk potential of this company?
Transcribed Image Text:
Company Peers Day's Sales in Receivable Index 1.51 1.05 Gross Margin Index 1.98 1.11 Asset Quality Index 1.21 1.01 Sales Growth Index 1.53 1.19
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Related Book For
Forensic And Investigative Accounting
ISBN: 9780808021438
4th Edition
Authors: Larry Crumbley, Lester E. Heitger, G. Stevenson Smith
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