Answered You can hire a professional tutor to get the answer.
Precision Vision Corporation (PVC) is a Canadian firm selling high-quality glass lenses to individual eye-wear customers by mail order.
Precision Vision Corporation (PVC) is a Canadian firm selling high-quality glass lenses to individual eye-wear customers by mail order. For 2017, recorded revenue was $1,950,000, and total assets were $1,550,000, while gross profit was $950,000 and net earnings were $550,000. PVC wants to expand, and is seeking to raise capital in the United States. To enhance the credibility of its financial statements, PVC has hired a prominent CPA firm, Hardin & Associates (H&A), to audit its 2017 financial statements. PVC management wants to show the best earnings and financial position possible to maximize its prospects to raise capital. Your H&A team audit of PVC reveals the following items: a.
