The Manager in Charge of the audit of Miramar Company needs a presentation to train...
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Accounting
The Manager in Charge of the audit of Miramar Company needs a presentation to train the junior-level auditors recently assigned to the engagement. You are now a senior-level auditor with coordination and review responsibilities, and the manager asked for your cooperation. The summary of the financial information for the last four years follows: Item 2022 2021 2020 2019 Total Current Assets $156,900 $219,300 $255,00 $265,00 Total Current Liabilities 95,000 126,000 128,000 174,000 Inventory
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