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Brockville Clothiers is a brick-and-mortar clothing retailer. Due to marketing conditions and the shift to online shopping, they have suffered declining profits. Brockville Clothiers is

image text in transcribed Brockville Clothiers is a brick-and-mortar clothing retailer. Due to marketing conditions and the shift to online shopping, they have suffered declining profits. Brockville Clothiers is your audit client. The 2020 audit is near completion, and you need to evaluate the client's going concern. You conduct analytical audit procedures as part of the risk assessment. Your approach is to compare the quarterly financial statements from 2020Q1 and the preliminary Q1 results of 2021. You create a dashboard with the following data visualizations to represent your audit data analytics findings: 1. Current Ratio Trend 2. Debt Ratio Trend 3. Net Profit Margin Trend 4. Cash Flow by Activity Trend Clickhere to access a Tableau file, andhere to access a Power BI file. (The Tableau and Power BI files contain the same visualizations; you can use either one to answer the questions in this assignment. Your instructor may specify which program they prefer you to use.) How to Access Tableau: You can open the Tableau file in this problem statement with Tableau desktop software. If you do not have Tableau desktop software, you can download the most recent version of Tableau Reader, a free program that allows you to open Tableau visualizations. To get the most recent version, search for "Tableau Reader" in your internet browser. How to Access Power BI: You can open the Power BI file in this problem statement with Power BI Desktop. If you do not have it already, you can download PowerBI Desktop here: https://powerbi.microsoftcom/en-us/downloads. (a) What results are shown on the debt ratio trend? Debt ratio is decreasing, which means that total liabilities are decreasing compared to total assets. Debt ratio is decreasing, which means that total liabilities are increasing compared to total assets. Debt ratio is increasing, which means that total liabilities are decreasing compared to total assets. Debt ratio is increasing, which means that total liabilities are increasing compared to total assets. Brockville Clothiers is a brick-and-mortar clothing retailer. Due to marketing conditions and the shift to online shopping, they have suffered declining profits. Brockville Clothiers is your audit client. The 2020 audit is near completion, and you need to evaluate the client's going concern. You conduct analytical audit procedures as part of the risk assessment. Your approach is to compare the quarterly financial statements from 2020Q1 and the preliminary Q1 results of 2021. You create a dashboard with the following data visualizations to represent your audit data analytics findings: 1. Current Ratio Trend 2. Debt Ratio Trend 3. Net Profit Margin Trend 4. Cash Flow by Activity Trend Clickhere to access a Tableau file, andhere to access a Power BI file. (The Tableau and Power BI files contain the same visualizations; you can use either one to answer the questions in this assignment. Your instructor may specify which program they prefer you to use.) How to Access Tableau: You can open the Tableau file in this problem statement with Tableau desktop software. If you do not have Tableau desktop software, you can download the most recent version of Tableau Reader, a free program that allows you to open Tableau visualizations. To get the most recent version, search for "Tableau Reader" in your internet browser. How to Access Power BI: You can open the Power BI file in this problem statement with Power BI Desktop. If you do not have it already, you can download PowerBI Desktop here: https://powerbi.microsoftcom/en-us/downloads. (a) What results are shown on the debt ratio trend? Debt ratio is decreasing, which means that total liabilities are decreasing compared to total assets. Debt ratio is decreasing, which means that total liabilities are increasing compared to total assets. Debt ratio is increasing, which means that total liabilities are decreasing compared to total assets. Debt ratio is increasing, which means that total liabilities are increasing compared to total assets

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