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Following on from the previous question, using your choice of base, calculate the planning materiality for the client. Your audit firm has given you the
Following on from the previous question, using your choice of base, calculate the planning materiality for the client. Your audit firm has given you the following percentages to use when calculating materiality and the value from the financial statements. Use whole numbers and do not use $ or thousand separators. Revenue - 0.5% - $851,530,000 Net profit - 5% - Loss $98,567 Total assets - 0.5% - $1,386,549,000 Total equity - 2% - $896,464,000
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