GROUP MEMBERS 1. SYAHIR ADAM BIN RAMLAN 10DAT21F2019 2.NUR ALIA MAISARAH BINTI NASIR 10DAT21F2023 3. PHAVINISHAA A/P VIKNESWARAN 10DAT21F1019 PART A - ANNUAL REPORT  OF POH KONG https://mppohkong.blogspot.com/2024/03/part-b-financial-statement.html PART B Part B : Analyzing Problems   Calculate the financial ratios for 2years (2022 and 2023) and provide an analysis of the significant ratio changes for 2 years. Please calculate the financial ratios in the table below:    PART C QUESTION 1 various effects on its business risk, status as a going concern, and relevant issue. 1. *Business danger*:  - *Lower Financial Risk*:  A reduction in debt lowers the financial leverage of the business, which in turn lowers the danger of default and financial hardship. - *Improved Profitability*:  Better performance is indicative of increased profitability, which can strengthen an organization's resistance to market pressures and economic downturns.                 2. *Going Concern Status*:

                                       COMMERCE DEPARTMENT DPA50153 – AUDIT 2 MINI PROJECT (CLO 2) PROGRAMME: DAT5A & DAT5B | SESSION: 2 2023/2024                   GROUP 6: FARM FRESH SDN BHD GROUP MEMBERS: PART A ANNUAL REPORT 2022 ·                                                                A   ANNUAL REPORT 2023                            jd.                        PART B     Financial ratio 2022 2023 Variance RM RM RM % A1 Turnover (credit) ( Credit Sales / Average Trade Receivables ) 3.80 x 5.03 x 1.23 x 1.32% A2 Turnover (cash) ( Cash Sales / Cash and Cash Equivalents ) 22.59 x 41.75 x 19.16 x 1.84% A Total turnover (A1+A2) 26.39 x 46.78 x 20.39 x 1.77% B Trade purchases 20,545,379 20,182,967