Question: Perform horizontal analysis of the data in the previous table to indicate any potential red flags regarding possible overstatement ofsales. FIVE-YEAR FINANCIAL DATA FOR COMPANY

Perform horizontal analysis of the data in the previous table to indicate any potential red flags regarding possible overstatement ofsales.

FIVE-YEAR FINANCIAL DATA FOR COMPANY A YEAR I YEAR 2 $105,000.00 78,750.00 26,250.00 YEAR 4 Sales COGS Margin $100,000.00 75,000.00 25,000.00 YEAR 3 $110,250.00 82,687.50 27,562.50 YEAR 5 $206,718.75 59,535.00 147,183.75 $137812.50 66,150.00 7166250

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