Posted: April 28th, 2016

Calculate the following ratios for 20×9, 20×8 and 20×7??

(Analytical procedures) The following data was taken from the production and account­ing records for Casuccio Manufacturing, Inc.

From the book, Modern Auditing 8th Edition, Part 4: Auditing the Transaction Cycles. Chapter 15: The Expenditure Cycle (Pages 729-730) Q15-23 and Chapter 14: The Revenue Cycle (Page 675) Q14-26.

Operating Data
Capacity in Units



Production in Units 450,000 400,000 300,000
Inventory in Units 32,000 28,000 21,000
Financial Data ($000)
Total Revenues $ 35,200 $27,500 $21,200
Total Assets $23,000 $ 19,500 $15,700
Accounts Receivable, Net $5,900 $4,300 $3,900
Bad Debt Expense $175 $135 $105
Accounts Receivable Written Off $165 $125 $100


1. Calculate the following ratios for 20×9, 20×8 and 20×7:
a. Sales to total assets b. Sales to production
c. Revenue per unit sold
d. Accounts receivable growth to sales growth
e. Uncollectable accounts expense to net credit sales
f. Uncollectable accounts expense to accounts receivable written off g. Accounts receivable turn days

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
Live Chat+1-631-333-0101EmailWhatsApp