Q 7) Describe at least two things that could happen within this company that would make it necessary for the controller to dig into the numbers and provide a write up to management. (for instance, the controller might notice that inventory has shrunk by over 50% what might he look for in the numbers and what ratios might he use to check things before alerting management) The first sheet includes the assignment questions. The subsequent sheets include the following: Income Statement, Balance Sheet Retained Earnings, Income Statement per Division 2010, and Income Statement per Division 2009. Use the data in the second, third, fourth, and fifth sheets to answer the questions in the first sheet.
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