WEEK 22 ASSIGNMENT

Complete problem 4.55 Horizontal and Vertical Analysis on pages 159 and 160 of the textbook. Study the data in Exhibits 4.55.1 and 4.55.2. Write a memorandum identifying and explaining potential problem areas where misstatements in the current-year financial statements could exist. Be sure to read the additional information given in the problem.

GRADING RUBIC:

Identifies and Analyzes Potential Problem Areas Where Misstatements in the Current-Year Financial Statements Could Exist. Total: 7.50

Integrative Learning: Connections to Experience. Total: 0.50

Critical Thinking: Explanation of Issues. Total: 0.50

Written Communication: Control of Syntax and Mechanics. Total: 0.50