James Williams and Calvin Rogers founded EarthWear Clothier in Boise, Idaho, in 1973. This company makes outdoor sports clothing and over years they included casual clothing, accessories, shoes, and soft luggage. They sales their products through three retailing options including catalogs, retail outlets, and its website. EarthWear became a Delaware corporation in 1986 when it went public after it was incorporated in Idaho in 1975. Imagine you have been tasked by your supervisor to create a report for the audit planning meeting on The EarthWear Company by the end of the week. Your report will discuss any circumstances that require special attention, or that represent unusual business or audit risks, including litigation. Your report should be no less than 500 words. You may use any professional report template, but you must cite your sources and create a reference page using APA format. Your report must describe the purpose, your findings, and your recommendations. Your report should demonstrate critical thinking, as well as your research. Your report should be free of grammar and mechanical errors. This part of your project reinforces the following learning objective: 4.2 Evaluate the criteria that could be used to determine the suitability of a client in given scenarios Instructions 1. Perform an analysis of the Earthwear Clothiers by reviewing the companys website (Links to an external site.)Links to an external site.. You should research information pertaining to the background of EarthWear Clothiers, and their financial performance. Read the Management Discussion and Analysis section and the Auditor's Statements. 2. Formulate an opinion as to whether or not the company information presents any unusual risks. Be sure to address all of the following information in your report: The companys main business operations Company location, main suppliers, and customers The process the company uses to receive, fill and deliver its orders Main competitors Growth strategies Product development plan CEOs background Changes in Accounts Receivable from 2014-15 Net income over the past five years Inventory valuation method Stock variations over the 2015, number of common stock the company is authorized to issue, EPS The method the company uses to calculate depreciation Long term debt