You are planning to perform analytical procedures related to inventory fracid, and wish to develop a nonfraud hypothesis (HO) expectation using industry data. Specifically, you are interested in the inventory turnover ratio, measured as [coGs/Ending liventory], You are investigating the Scarlet Company. (a) What would the fraud alternative hypothesis (Ha) be if you are checking for a fictitious inventory fraud? (b) Following are COGS and Ending inventory (EI) balances for several companles in the industry. Develop the HO expectation, making sure to deal appropriately with any apparent data inconsistencies or outliers. (c) Aswathe the Scarlet Compamy's inventory turnover is 150 . is thit more consistent with Ho or Ma? fxplain. (use both racore and percentile rank teita)