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Tuesday, February 26, 2013

Circle L

1.Judgmental Selection
a. salt away 18- I would analyse this warehousing because it has the largest mensuration of inventory on hand.
b. breed 5- I would audit this store because it had the about sales.
c. bloodline 21- I would audit this store because it had the most sales out of the stores that opened this year.
d. interpose 22- I would audit this store because they had the manager they told to increase sales. This could lead to questionable activity.
e.Store 13- I would audit this store because of the robbery and manager commutation they had.
f.Store 3- I would audit this store because their sales from finale year are very close to sales through this year.

2.Trend Analysis- Percent change from previous year.

Store #% change
225.68%
2222.55%
918.21%
1210.56%
19.64%
148.25%


3. reasonableness Test- Amount of sales per sq foot over industry average
Store #Over $540 AMT
1692.94
588.58
887.40
2164.95
243.74
442.07
b. OVER $540 AMT= ((2004 sales *2) /square feet) - $540

4.Regression
a.
Observation Predicted Y Residuals
21.00 $ 779,375.48 $ 430,528.52
5.00 $2,264,638.70 $ 249,678.33
14.00 $2,092,405.57 $ 228,967.59
10.00 $ 779,375.48 $ 183,829.

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93
22.00 $1,718,007.51 $ 160,690.49
4.00 $2,178,476.90 $ 149,802.15

CoefficientsStandard Errort StatP-valueLower 95% hurrying 95%Lower 95.0%Upper 95.0%
Intercept779375.48276902.5940310.134581.5323E-09619447.7838939303.18619447.784939303.181
20X3 Sales0.612294180.04900186112.4953253.4412E-110.5103892370.71419910.510389240.71419913

ii) Store 1 Calculated 2004 Sales

2004 sales = intercept coefficient + (2003 Sales Coefficient)(2003 Store 1 sales)

1,456,586.87 = 779,375.48 + (.61229418 *1,106,023)

iii) Calculated Residual = $ (243,979.12)
Actual Residual =...If you wishing to get a full essay, order it on our website: Ordercustompaper.com



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