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Audit Manager Responsibilities - Mercurio Co

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Audit Manager Responsibilities - Mercurio Co

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Questions and Answers

What is the main business activity of Mercurio Co?

Retailing of small domestic pets, pet food, and pet accessories

How many years has Mercurio Co been established?

15 years ago

What is the total number of stores operated by Mercurio Co?

264 stores

How many employees does Mercurio Co have?

Over 7,000 employees Signup and view all the answers

What additional services does Mercurio Co provide apart from retailing pet products?

Operates veterinary clinics within most of its stores Signup and view all the answers

What specific types of animals are sold in some of the stores?

Spiders, snakes, and other reptiles Signup and view all the answers

What percentage of the company's revenue historically comes from the sales of annual pet healthcare plans?

10% Signup and view all the answers

When does the company recognize the revenue from the sale of a healthcare plan?

On the date when the healthcare plan commences Signup and view all the answers

What is the projected revenue for 20X5?

$803M Signup and view all the answers

What is the projected total assets for 20X5?

$1078M Signup and view all the answers

What is the projected number of employees for 20X5?

7000 employees Signup and view all the answers

What is the projected bank loans for 20X5?

$251M Signup and view all the answers

What is the predicted percentage of revenue expected from the Mercurio Range in the financial year to 30 September 20X6?

30% Signup and view all the answers

What are the anticipated purchases of Mercurio brand goods from foreign suppliers for the year to 30 September 20X5?

$7 million Signup and view all the answers

What obligation is projected to be $21.1M for 20X5?

Holiday pay obligation Signup and view all the answers

What is the projected amount of trade receivables for 20X5?

$42M Signup and view all the answers