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NAME 1. Teal Corporation has 2,000 accounts receivable, with a total book value of $200,000. Ricardo Ramaro, CPA, has selected and audited a sample of
NAME 1. Teal Corporation has 2,000 accounts receivable, with a total book value of $200,000. Ricardo Ramaro, CPA, has selected and audited a sample of 100 of the accounts with a combined book value of $10,100; the total of their audited values was $11,000. Using the mean-per-unit method, calculate the: a. Accounts receivable estimated audited value. b. Projected misstatement
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Managerial Accounting Decision Making and Motivating Performance
Authors: Srikant M. Datar, Madhav V. Rajan
1st edition
132816245, 9780132816243, 978-0137024872
