Answer the following question based on the information presented for Cloud 9 in Appendix A and in
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Answer the following question based on the information presented for Cloud 9 in Appendix A and in the current and earlier chapters. You should also consider your answers to the Cloud 9 case study questions in earlier chapters.
Required Prepare common-size statements for Cloud 9. Use total assets as the basis for the balance sheet, and revenue as the basis for the income statement. Comment on any audit implications revealed by your statements.
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Auditing A Practical Approach
ISBN: 9781119709497
4th Canadian Edition
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton, Valerie Warren
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