Prepare common-sized financial statements for leslie fay

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Question 1: Prepare common-sized financial statements for Leslie Fay for the period 1987- 1991. For that same period, compute for Leslie Fay the ratios shown.

Question 2: What other financial information would you have obtained if you had been responsible for planning the 1991 Leslie Fay audit?

Question 3: As a result of this financial review, what financial statement items do you believe should have been of particular interest to BDO Seidman during that firm's 1991 audit of Leslie Fay? Explain.

Reference no: EM132694543

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