Below are ratios that were identified as significant in the current year (CY) and prior years' (PY) audits of Freeland. For each pair, compare the values of each ratio. Then select the best audit finding (one audit finding that is consistent with these metrics. Ratios using balance sheet numbers are based on end of year balances. Directions: Put an X in the box for the indicated audit finding that is the best explanation for the fluctuation. Each row should have one X but an audit finding may be used once, more than once, or not at all. List of Audit Findings: A. Increases in costs of purchases in the current year were not completely passed on to customers through higher selling prices. B. Increases in trade receivables in the current year. c. Owner's equity increase due to retention of profits in the current year. D. A larger percentage of sales occurred during the last month of CY, as compared to PY. E. Interest expense decreased during the current year. F. A significant amount of long-term debt became current during the current year G. Owner's equity decrease in the current year due to treasury stock purchases, I 5 A- B B D E F A PY G CY Ratio 2.619 3.688 Current Ratio 0.154 0.166 Gross Margin % Return on Equity 0.40 0.67