Project 6
Due Sunday November 28, 2010 prior to midnight
This is an individual paper and must be prepared and submitted individually. Be clear and organized in your presentation.
See extensive case
1 on pages 383-385 of the text. Answer the following questions.
1. Calculate the 2008 and 2007 liquidity and equity ratios
identified in the table on page 385. Also calculate the change and percentage
change for the ratios and complete the table.
2. Based on these ratios only, where do you think fraud may
have occurred? Support your position.
3. Calculate any additional ratios and complete any additional
analyses you feel might be helpful in further isolating the possible areas of
fraud. Present these analyses.
4. Can you draw
any additional conclusions regarding areas of potential fraud? What are they?
Support your position.
For purposes
of this project, single space your answers with one blank line between sections.
Prepare in Microsoft Word and e-mail as an attachment to me at
rk@kulzick.com prior to the deadline. No
late papers accepted. Indicate your names on the paper. Be sure to place a
subject on your e-mail and indicate in the text what specifically is attached.
I will not accept separate Excel worksheets. Everything must
be in one professionally prepared and properly formatted Word document. All of
an exhibit should be on one page. Print it out and be sure it will print out
correctly for me.
1. E-mail to me before the deadline.
2. Submit to BlackBoard (Assignments) before the deadline
NOTES:
1. Inventories for 2008 should be $ 13,524,349
2. For any ratio requiring an average, use the year
end number instead.
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10/27/2008 -