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Using Anandam Manufacturing Case study a Identify specific inherent risks or risks of material misstatement that the auditor is likely identify during the risk assessment. b) Using the total revenue as base conduct Common- size analysis for the income statement in exhibit 1 c) Using the total asset as a base conduct Common- size analysis for the statement of financial position in exhibit 2. d) Compute ratios for Anandam similar to the industrial ratios in Exhibit3 Note: a) the common size analysis and the ratio analysis should be done in excel. b) For the ratio analysis the excel should be presented using the following format Ratio Formula Calculation Calculation Calculationindustrial of ratio of ratio of ratio average year 2 year 3 ratios year 1 e) Basing on the common size analysis and ratio analysis which ledger accounts have the risk of being misted and how can the auditor reduce the audit risk. (Explain in details) f) Based on your analysis, document in a memo your understanding of the client, potential problem areas (accounts at risk of material misstatement), and any other special concerns