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Perform horizontal analysis of the data in the previous talbe to indiccate any potential red flags regarding possible overstatement of sales. Five-Year Financial Data For
Perform horizontal analysis of the data in the previous talbe to indiccate any potential red flags regarding possible overstatement of sales.
yr 1 | yr2 | yr3 | yr4 | y5 | |
---|---|---|---|---|---|
Sales | 100,000.00 | 105,000.00 | 110,250.00 | 137,812.50 | 206,718.75 |
COGS | 75,000.00 | 78,750.00 | 82,687.50 | 66,150.00 | 59,535.00 |
Margin | 25,000.00 | 26,250.00 | 27,565.50 | 71,662.50 | 147,183.75 |
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This is for fraud analysis
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