Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. Can someone complete the last ratio 2. Can you give a comment on how this affects the company ANALYTICAL PROCEDURES-RATIO ANALYSIS FORM The auditor
1. Can someone complete the last ratio
2. Can you give a comment on how this affects the company
ANALYTICAL PROCEDURES-RATIO ANALYSIS FORM The auditor can use this form to document the performance and evaluation of ratio analysis in connection with analytical procedures performed in an audit. The form is only a guide and is not a substitute for professional judgment. The form may be modified by adding or omitting certain ratio analysis. CLIENT NAME: DATE OF FINANCIAL STATEMENTS: LIQUIDITY RATIOs 201 2010 2009 I. Current ratio = Current Assets Current Liabilities 1.75 1.932.19 Comments 2011 2010 2009 2. Quick or acid test ratio = Current Liabilities 6975 85 CommentsStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started