Question: need the answers as soon as possible due in 2...
Need the answers as SOON as possible, due in 2 hours and 15 mins
Furberry Ltd is a high-end department store for designer pet clothes and accessories. The following is an extract from their financial statements:
|Assets:||Year 1||Year 2||Year 3|
|Plant, Property and Eqiupment||1,700||1,800||2,000|
Perform horizontal analysis on the above figures. [5 marks]
please note:There is no need to show your working out. please label which change in horizontal analysis
Based on your horizontal analysis, discuss the red flags, how these could be further investigated and possible non-fraudulent explanations for these. [5 marks]