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b)Explain why each of the ratios chosen may be used to assess the performance of a business ie what information the ratio provides to help
b)Explain why each of the ratios chosen may be used to assess the performance of a business ie what information the ratio provides to help understand the performance of the business. (6 marks) c) The prudence concept is a fundamental accounting concept. Define the prudence concept and then explain the concept by giving an example
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