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1. Below is selected information from the yearly financial statements of Dias Corporation: Instructions: (a)...

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Accounting

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1. Below is selected information from the yearly financial statements of Dias Corporation: Instructions: (a) Calculate the debt to total assets ratio, the interest coverage ratio, and free cash flow for 2021 and 2022. (6 Marks) (b) Comment on whether Dias's overall solvency has improved or deteriorated in 2022. (2 Marks) 2. Briefly explain the two (2) payment approaches for instalment notes payable. (4 Marks) 3. a) Define discontinued operations. (2 Marks) b) Detail where they are reported on a company's financial statements. (2 Marks) c) Describe the components of how they are reported on a company's financial statements. (4 marks)

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