1) Define and describe the three major financial stasementa (2 points) 2) Plok four ratios fout of the 7 belowejand define and dsouns them. (2 pomiy) Note that fwo WOA Rumber are povided for 2S17. The list is from Scenais One, where we wiume. Borg is dready tunning at 100 perceet capacity. The setend ia fom Scenaris les where we awime Projections For the FOUR points, research and complete the following: 1) Define and describe the three major financial statements (2 points) 2) Pick four ratios (out of the 7 below)and define and discuss them. ( 2 points) Note that two ROA numbs are provided for 2537. The first is from Scenario One, where we assume Borg is already running at 100 percent capacity. The second is from Scenario Two, where we assume Borg is running at 75 percent capacity