Address the overall understanding of the retail and wholesale industries

In this assignment, you will prepare a two to three page report that addresses therequirements specified in the case for Parts 1 and 2. Include your calculations as part of  your analysis and fully explain the results.
Also, include a minimum of two current  references to scholarly and/or authoritative sources.
1. Address the overall understanding of the retail and wholesale industries andidentified areas that impact financial reporting.2. Analyze Cloud 9’s financial position and its business risks. Include ratios supporting the business analysis.3. Identify areas requiring special emphasis during the audit and potential problemareas.4. Address materiality in your response.5. Use at least two current, quality academic or authoritative sources in thisassignment. Note: Wikipedia and similar websites do not qualify as quality scholarlyand/or authoritative sources. Use the StraY.er UniversitY. Libra[Y. to conduct yourresearch.
Address the overall understanding of the retail and wholesale industries and identified areas that impact financial reporting.

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