This is very important for me to know the answer and explainationplease.

Kangas Limited is profitable. Kangas Limiteds financial statement relationships are as follows: Required: For each of the following transactions or events, indicate the directional effect (increase, decrease, no change) on the Quick Ratio, Debt to Equity Ratio, and Basic Earnings per Share. Note that you must write either increase decrease, or no change. A blank response will be marked as incorrect. a). Switched to FIFO from LIFO for inventory valuation in a period of increasing price. b). Switched to the reducing balance depreciation method from the straight-line depreciation method for machinery acquired two years ago (i.e. this is the second year in which the depreciation is recorded). This machinery was expected to last for 5 years with no residual value. c). Sold an item of property plant and equipment with a carrying amount of exist600,000 for exist200,000. d). Received exist10,000 as a deposit from a customer for a job to be carried out in the future. e). Made a 1: 4 bonus issue out of the revaluation surplus. f). A court announced a decision on a product liability lawsuit and found that Kangas Limited is liable for exist100,000 damages to be paid within one year. The management of Kangas Limited are contemplating an appeal to the decision, but the companys legal representatives believe that Kangas Limited would have very little change of winning. A contingent in the amount of exist100,000 is currently disclosed in the financial statements. Provide your answers in a table as illustrated below