Capstone Papers-Analyze the Chipmunk Company’s ratios for both years and compare the figures with the given industry ratios.
- Calculate the 2016 and 2015 liquidity ratios identified using the ratio analysis table below. Also calculate the change and the percentage change for the ratios and complete the table. (Formulas are given to shorten the time spent on the assignment.)
- Analyze the Chipmunk Company’s ratios for both years and compare the figures with the given industry ratios. Based on the ratios identified where do you think fraud may have occurred?
