Please help me Asap. I don't understand how to do these questions.

question 1

Discuss how each of the following transactions will affect the financial ratios specified in the table (i. e. increase, decrease, no effect). You are required to provide the detailed explanations (4 Marks) Transaction Ratio 1. A change in accounting method for Profit margin depreciation from straight line to diminishing balance 2. Wrote off a bad debt using direct write-Current ratio off method 3. Collected an account receivable Average collection period 4. Recognising a loss through Quick ratio obsolescence of certain inventory items. Word limit: 250 (Type your response directly into the template in the text box below. )Hello Limited is a company that manufactures telephones under its own brand, as well as distributing and selling other telephone brands. Recently Hello Ltd has been conducting a research project to develop a mobile phone with various functions that could be used under water. The company is hiring experts from around the world and is spending a considerable amount of money to fund this project. Required: Refer to conceptual framework to discuss whether the amount spent for the research project should be considered as an asset and recognised in the statement of financial position. Word limit: 300 ( Type your response directly in the text box below. )