The figures below are a summary of an analytical review of the draft financial statements of Harsh Ltd. The review was carried out at the planning stage and the comparison was made against the original budget for the financial year.

Based on the results of this review indicate whether or not you would investigate or accept the reason for any differences

	Actual	Budget	Investigate	Accept
(a) Quick ratio	0.9:1	1.2:1
(b) Gross profit	56%	64%
(c) Net profit margin	12%	14%
(d) Receivables days	38 days	42 days
(e) Payables days	36 days	49 days
(f) Stock turnover	9 times	12 times