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Question 1.9 Change in payable days = 10 days Increase in trade payable = 35% Question 1.10 Change in current ratio = 2 Decrease in

Question 1.9 Change in payable days = 10 days Increase in trade payable = 35%

Question 1.10 Change in current ratio = 2 Decrease in quick ratio = 2

Looking at the relationship between ratios in 1.9 and 1.10, What are the audit risk/problems that may be present?

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