Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The analysis of the data below was produced by your firm's data analytics software B. A INVENTORY... PURCHASES COST OF SALES INVENTORYeoy YOUCHERS PAYABLE... PURCHASES

The analysis of the data below was produced by your firm's data analytics softwareA сD FG Hк LM No Years ago EUnt Tear ago This year INVENTORY, 65,043 72,543 67,101 PURCHASES 471,734 444,234 490,102 53

B. A INVENTORY... PURCHASES COST OF SALES INVENTORYeoy YOUCHERS PAYABLE... PURCHASES CASH DISBURSEMENTS YOUCHERS PAYABLE... SALES PUR/CD PUR/INY PURICOS COS/INV Ype/CD COS/CD COSISALES There is a problem here. C Two Years ago 65,043 471,734 536,777 464,234 72,543 536,777 25,114 471,734 496,848 467,063 29,785 496,848 592,312 Two Years ago 1.010 6.503 1.016 6.399 0.064 0.994 0.784 D E Une year ago 72,543 444,234 516,777 449,676 67,101 516,777 29,785 444,234 474,019 443,347 30,671 474,019 598,235 One year ago 1.002 6.620 0.988 6.702 0.069 1.014 0.752 F G This year 67,101 490,102 557,203 465,695 71,508 537,203 30,671 430,102 520,773 488,250 32,524 520,773 604,217 This year Average 1.004 6.854 1.052 6.512 0.067 H 0.954 I Standard deriatio 1.006 0.0057 6.562 0.0832 1.002 0.0200 0.2136 6.550 0.066 0.0038 1.004 0.0144 0.771 0.768 0.0227 K Use THESE pointers below LOVER LIMIT L 1.000 6.478 0.982 6.337 0.063 0.990 0.745 Analyze the above and describe what may be the cause of the observed behavior. 1-STANDARD DEVIATION LIMITS LUY or OK? M UPPER LIMIT 2 7 V 1.012 6.645 2 1.022 2 6.764 0.070 1.018 0.790 V V N 0

Step by Step Solution

3.44 Rating (157 Votes )

There are 3 Steps involved in it

Step: 1

Based on the provided data there are several ratios and metrics calculated for inventory purchases cost of sales vouchers payable cash disbursements a... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamental Statistics for the Behavioral Sciences

Authors: David C. Howell

8th Edition

1285076915, 978-1285076911

More Books

Students also viewed these Accounting questions