Discuss how, in choosing the accounting methods below, the following ratios can be affected – rate of return on assets, quick ratio, profit margin, asset turnover: (a) a change in accounting method for depreciation from straight line to reducing balance. (b)revaluation of a non-current asset upwards at the beginning of the current year.  (c) providing for an expected loss through obsolescence of certain items of merchandise inventory

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A: Hi student Since there are multiple questions, we will answer only first question.

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A: This question is answered as per IAS 29 "Financial Reporting in Hyperinflationary Economies".

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A: No, option “d” is not the correct answer.

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A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

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A: Income statement:

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Q: State how each of the following items is reflected in thefinancial statements.(a) Change from FIFO…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…