Sweets Inc., a candy manufacturer that follows IFRS, had the following events occur during the year:
1. Sweets decided to increase the number of years in depreciating its property and equipment from 30 to 40 years for the property, and from 10 to 15 years for its equipment. The company uses the straight-line depreciation method.
2. Sweets has taken on a new customer that will result in a 25% increase in sales. However, to obtain this contract, Sweets had to agree to extend credit terms to 45 days. For all other customers, credit terms have been consistently 30 days.

3. In the current year, Sweets determined that tax loss carryforward benefits were now probable and set up the benefit in the current year. The benefits were significant and represented more than 30% of net income.

Required:
For each of the above changes, discuss the implication on the company’s debt-to-total assets, days in receivable, current ratio, and operating margin. Treat each change in isolation.