Answered step by step
Verified Expert Solution
Link Copied!

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 companyimage text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

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 Comments

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Commercial Energy Auditing Reference Handbook

Authors: Steve Doty

2nd Edition

1439851972, 978-1439851975

More Books

Students also viewed these Accounting questions