1.If a company decides on shifting from LIFO method to FIFO method then what would be the impact on firm's Ending Inventory, Gross Profit and Net Profit margin?

2.If a LIFO using company decides to switch from Perpetual Inventory system to Periodic Inventory System then what might be the impact on Ending inventory and Cost of Sales, if any, and why?

3.Are impairment procedures on assets under IFRS beneficial for the company? And how can they be reversed if the asset is held for use?

4.What would be the warning signals that an analyst should look for in a company which has low net cash flows from operations since past two years (2018-2019) and a lowering/negative income after taxation?

5.Why is a diluted EPS calculated? And can a listed company not show its diluted EPS along with the Basic EPS even if the requirements are met for Dilution?