QUESTION 2 Pelangi Sdn Bhd is trying to determine its efficiency in managing the costs associated with production of goods and sales support

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QUESTION 2 Pelangi Sdn Bhd is trying to determine its efficiency in managing the costs associated with production of goods and sales support. Presented below are three (3) years Statement of Financial Performance of the company for a financial year ended December 31: 2021 (RM) 2020 (RM) 2019 (RM) Sales 950,600 706,200 411,950 Cost of goods sold 627,264 370.049 215,862 Gross profit 323,336 Q1 : 196,088 Operating expenses 143,554 137,003 79,918 Interest 53,000 26.000 16.000 Earnings before taxes 126,782 173,148 100,170 Taxes (10%) 12,678 17,315 10,017 Earnings after taxes 114,104 155,833 90,153 Evaluate the company's performance using common size percent over the three (3) years periods. Identify the strengths and weaknesses and suggest the relevant strategies to deal with the weaknesses. (10 marks)