Assignment 04- Analysis of Financial Statements There are several groups of ratios most decision makers and analysts use to examine different aspects of a company's performance. Based on the descriptions of ratios listed, identify the relevant category of ratios. Ratios that help determine whether a company can access its cash and pay its short-term obligations are called ratios. Ratios that help determine the efficiency with which a company manages its day-to-day tasks and assets are called ratios. Ratios that help assess a company's ability to service the interest and repayment obligations on its long-term debt and the degree to which it uses borrowed versus invested financial capital are called ratios. ratios help measure a company's ability to generate income and profits based on its invested capital. ratios examine the market value of a company's share price, its profits and cash dividends, and the book value of the firm's assets and relate them to other data items to determine how the firm is perceived in the stock market which of the following statements represent a weakness or limitation of ratio analysis? Check all that Ratio analysis is an important component of evaluating company performance. It can provide great insights into how a Company matches up against itself over time and against other players within the industry apply A Nrm may operate in multiple industri A firm's financial statements show only one period However, lice mony topls and techniques, ratio analysis has a few imitatons and wealmesses of financial data n pferent firms may use different accounting