Question: Problem 9-46 (LO 9-7, 9-8] Scott Duffney, CPA, has randomly selected and audited a sample of 100 of Will-Mart's accounts receivable. Will-Mart has 3,000 accounts

 Problem 9-46 (LO 9-7, 9-8] Scott Duffney, CPA, has randomly selected

Problem 9-46 (LO 9-7, 9-8] Scott Duffney, CPA, has randomly selected and audited a sample of 100 of Will-Mart's accounts receivable. Will-Mart has 3,000 accounts receivable accounts with a total book value of $3,300,000. Duffney has determined that the account's tolerable misstatement is $550,000. His sample results are as follows: Average audited value Average book value $1,085 1,092 Required: Calculate the accounts receivable estimated audited value and projected misstatement using the: (Do not round your intermediate calculations and round your final answer to nearest whole dollar.) Estimated Audited Value Projected Misstatement a. Mean-per-unit method. b. Ratio method. c. Difference method

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