Case 5: You are the auditor for KWC Corporation. You gathered comparative information for inventory and accounts payable and calculated the days purchases in accounts payable.

2018 2019

Inventory $34,270 $57,921

Accounts payable $8,295 $10,628

Days purchases in accounts payable

(365 days/payables turnover) 44.2 days 44.6 days

Required

list of possible concerns that you might have about potential misstatements in both accounts.