Below Is Information Relating to the Inventory Management of Your

Essay

Below is information relating to the inventory management of your audit client,Quick Sell.Using analytical procedures,identify any concerns you have about misstatements in the financial statements. $$\begin{array} { | l | l | l | l | } \hline & 2008 & 2009 & \text { Industry Average } \\\hline \text { Inventory } & \$ 16,500 & \$ 26,250 &\$25,000 \\\hline \text { Inventory Turnover } & 12 & 9&18 \\\hline\end{array}$$