Consider the following information Of XYZ Ltd.

2012 2013 2014 2015 2016

Sales(m) 50 55 61 63 70

Gross profit (m) 20 23 25 30 35

Net profit (m) 10 12 15 18 25

OCFs (m) 8.8 11 14 17 20

The manager Of XYZ Ltd. Will receive a bonus of 1% of sales if he can maintain growth in Sales by 10% or more in each year Compared to last year. XYZ operates in an industry that is growing rapidly. In the year 2016. the economic condition was bad due to political instability and higher intlation that has Significant impact in the industry in which XYZ operates. The production cost was higher and the share was in decreasing mode. Requirements: From the above information. identify Whether there is any indication of creative accounting practices. Suggest some red flags to detect the practices.