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2) Evaluate how both cost schedules and income statement will change following a changes the 0 6) Direct labour is 690000.00 Utilities cost is 115000.00

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2) Evaluate how both cost schedules and income statement will change following a changes the 0 6) Direct labour is 690000.00 Utilities cost is 115000.00 3) Discuss how the management accountant assist the top management making decisions 4) Annex corporation's comparative balance sheets are presented below A 20 000 26000 1.10.00.00 10,100.00 100001110000 R ed carvings 13000 120.000 The 2018 income statement included net sales of $120000.00, cost of goods sold of 570 000.00 and net income of 514 000.00 Establish the following ratios for 2018: al) Current ratio Acid-Test ratio ) Accounts receivables Turnover Inventory turnover W) Profit margin vi) Return on stockholders equity b) with each of the above ratios, advise the management on the possible business decisions

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