QUESTION ONE The following information relates to the statement of Financial Position as at December 31, 2021 Net Operating Profit before tax was K280,000, assume tax is 40%, dividend declared amounts to K30,000. Required Compute and Comment on your finding on the following ratios: a. Current Assets b. Acid Test Ratios c. Inventory to Working Capital Ratio d. Debt to Equity Ratio e. Proprietary Ratios f. Capital gearing Ratio 9. Current Assets to Fixed Assets Ratio h. Return on Total Resources i. Return on Capital Employed 1. Return on Shareholder's Funds Total (25 marks) QUESTION TWO a. Compare and contrast the Principle Based Accounting Standards to Rules Based Accounting Standards b. Various Stakeholders who receive accounting information differ in their informational needs. Discuss Six of these, citing their areas of interest. (15 marks)