One of the most important applications of ratio analysis is to compare a company's performance with that of other players in the industry or to compare its own performance over a period of time. Such analyses are referred to as a comparative analysis and trend analysis, respectively. A common size analysis requires the representation of financlal statement data in terms of a single financial statement item (or base account or. value). What is the most commonly used base item for a common size income statement? Total liabilities Total assets Stockholders' equity Net saies Suppose you are conducting an analysis of the financial performance of Green Caterpillar Garden Supplies inc. over the past three years. The company did not issue new shares during these three years and has faced some operational difficulties. The company has thus pilot tested some new forecasting strategies for better operations management. You have collected the company's relevant financial data, made reasonable assumptions based on the information available, and calculated the following ratios. Suppose you are condocting an analysts of the financial performance of Green Caterpilar Garden Supplies inc. over the past three years. The company did not issue new shares during these three years and has faced some operational difficulties. The company has this pilot tested some new forecasting strategies for better operations management. You have collected the company's relevant financial data, made reasonable assumptions based on the information available, and calculated the following ratios, Based on the preceding information, your calculations, and your assumptions, which of the following statements can be included in your analysis report? Check all that apply. The company's creditworthiness has improved over these three years as evidenced by the increase in its debt-to-equity ratio over time. Green Caterpiliar Garden Supplies Inc's ability to meet its debt obligations has worsened since its debt-to-equity ratio increased from 0.30 to 0.38. The market value of Green Caterpalar Garden Supplies Inci's common shares declined over the three years: A plausible reason why Green Caterpiliar Garden Supplies inci's price-to-cash-flow ratio has increased is that investors expect higher cash. flow per share in the future