The Bakfirn Corp ending of year 12/31/20×× Sales 10,000,000 previous year current year 9,500,000 DSO 90-120 this year, last year 80-90 days inventory turns decrease from 3 to 2 per year account receivable abd inventory makes up of 80% of tatal assets
the audit recivable treshold 3000 this year prior year 1000000 end of year inventory 25000000 accounts recivable end year 2740000 or 100 DSO what is the initail risk high medium or low & why why is the audit plan and why