PART A : PART B : Part C: Finding and Conclusions Based on the significant changes observed in the financial ratios between 2023 and 2024, you are required to: 1. Verify the potential impact of these variations on the company's business risk, going concern status and any relevant issue. A)Business Risks : • Turiya Berhad’s net profit decreased to RM 3,296,171 from RM 4,084,468 in the previous year. The decrease of net profit is about 19.3%. Therefore, lower profitability may affect the company’s ability to meet its operational costs, service debt or even the invest in growth. • Turiya Berhad’s current liabilities increased by 29.06%. This can be referred to as shown in the financial statements, where there is an increase in current liabilities in 2024 amount RM7,338,891 than the previous year’s (2023) which is RM 5,686,266. Increment in current liabilities may lead to several business risks such as cash flow pressure, increases the f...