Question: check my answers are correct by using the formula provided on this excel sheet a. Using information in the financial statements as originally reported, compute
check my answers are correct by using the formula provided on this excel sheet
a. Using information in the financial statements as originally reported, compute the value of Beneish's Manipulation Index for fiscal Year 5 and Year 6. y = -4.840 + (0.920 x DSRI) + (0.528 x GMI) + (0.404 x AQI) + (0.892 x SGI) +(0.115 x DEPI) - (0.172 x SAI) - (0.327 x LVGD) + (4.670 x TATA) Coeff Year 6 Year 5 Constant -4.840 Days sales in receivables index 0.920 1.053 0.969 1.561 1.436 (A/R / Sales) --Step by Step Solution
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