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QUESTION Rahman Enterprise and Salman Trading are selling groceries at Bandar Seremban 3, Negeri Sembilan. The following balances have been extracted from the Statement of
QUESTION Rahman Enterprise and Salman Trading are selling groceries at Bandar Seremban 3, Negeri Sembilan. The following balances have been extracted from the Statement of Profit or Loss and the Statement of Financial Position of both businesses for the year ended 31 December 2022. Additional information: 1. 80% of net sales are credit sales. 2. Assume there are 365 days in a year. Compare and interpret the performance of Rahman Enterprise and Salman Trading in terms of their liquidity, profitability, and efficiency
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