(Analyzing common-size financlal statements) Use the common-size financial statements found hore: financial condition. Specifically, write up a brief narrative that responds to the following questions: to respond to your boss' request that you wrile up your assessment of the frm's a. How much cash does Patterson have on hand relative to its total assots? b. What proportion of Patterson's assets has the firm financed using short-term debt? Long-term debt? c. What percent of Patterson's revenues does the firm have left over after paying all of its exponses (including taxes)? d. Describe the relative importance of Patlerson's major expense categcries, including cost of goods sold, operating expenses, and intoreat eupenses. a. How much cash does Patterson have on hand relative to its total assets? The cash Patterson has on hand relative to its total assets is 1.4%. (Round to one decimal place.) b. What proportion of Patterson's assets has the firm financed using short-term doba? Long-term debt? The proportion of Pattersoris assets that has been financed using short-term debt is K. (Round to one decimal place)