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please answer question 4 all parts! thank you! I added new pictures, they should be clear! APPENDIX A Financial Statements BO5s Corporation's Income Statements and
please answer question 4 all parts! thank you!
I added new pictures, they should be clear!
APPENDIX A Financial Statements BO5s Corporation's Income Statements and Balance Sheets for FY 2009 and 2008 Consolidated Statements of Income Consolidated 8alance Sheets Jownial of Forensic Accounting Resed LABILTES ADSTOCKIOLDERS' INVESTMENT Cumbt Liabilities Accoents payable Accured liabilitier Dividends payable Income taxespyable Tolal cuncat liabilificr Defered Conpensation Derivative Liabliliy Stock tholden' laventavol: Common stock, 50,005 parvalec, authorized 8,500,000 shares, isued and outstanding 3,691,353 and 3,695,351 dhares, respectively Retained carring" Total Siockholden' levestment 4. Using the financial information provided in Appendix A: a. Calculate the dollar and % change for each line item on both financial statements. b. Prepare a Common Size Income Statement (all line items as a % of sales) and Balance Sheet (all line items as a % of total assets). c. Calculate the following ratios: i. Gross Margin ii. Net Profit Margin iii. Asset Turnover iv. Accounts Receivable Turnover v. Working Capital vi. Current Ratio vii. Quick Ratio viii. Debt Ratio d. Analyze and evaluate the changes. i. What stands out or looks unusual? ii. Do you think fraud may be present? iii. Hypothesize about the method of the fraud. iv. Provide a list of data that you would want to review to test your hypothesis. v. Provide a list of people you would want to interview in the order you would intervie them. For each person, list three questions you would ask them. Financial Statements OSS Corporation's Income Statements and Balance Sheets for FY 2009 and 2008 Consolidated Statements of Income Consolidated Balance Sheets Accounts receivable, less allowances of $977,711 and $900,704, respectively loventories Prepaid expenses Defered income taxes Total cument assets uipment and Leasetold Improvements, at cost: Leaschold improvenients Machincry, cquipment, fumiture, and fixtures fools, dies, molds, and patterns ess - sccunulated depreciation cred Income Taxes
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