Prepare common-sized financial statements for leslie fay

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Reference no: EM132214006

Question :

Prepare common-sized financial statements for Leslie Fay for the period 1987-1991. For that same period, compute for Leslie Fay the ratios shown in Exhibit 2.

Given these data, which financial statement items do you believe should ahve been of particular interst to BDO Seidman during that firm's 1991 audit of Leslie Fay? Explain.

Reference no: EM132214006

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