please answer the questions below.

Respond to each of the following writing prompts in fully developed complete sentences that stand on their own without the writing prompt The four categories of ratios are liquidity, leverage, operating, and profitability. Identify four specific financial ratios within those four categories that you will utilize to monitor the financial performance of your Dogtopia Pet Daycare business. Explain why you chose each ratio and how monitoring each of these ratios will benefit your small business. 2. Explain the importance of using ratios and financial reports to monitor the financial performance of your Dogtopia Pet Daycare business. How might using these ratios and financial reports improve your business? What types of hardships might these ratios and reports help you avoid