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You are auditing accounts receivable for a small company and have found the following results shown below. Use ratio projection to project your results. (a)
You are auditing accounts receivable for a small company and have found the following results shown below. Use ratio projection to project your results. (a) (b) (c) (d) Number and Size of Client Accounts Book Value of Stratum Book Value of Sample Audit Value of Sample 1,202 accounts < $1,000 $948,378 $59,175 $51,256 532 accounts > $1,000 $777,504 $36,400 $34,400
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