ses or Froblems Nos. 40-47 39. The following are simplified, vertical, common-size balance sheets for three firms -a retailer, a service and a manufacturer. Assets Cash Receivables Inventory Fim A Firm B 8.1% Firm C 6.1% 8.7% Total Current Assets Plant, Property, and Equipment (net) Investments 23.2 31.1 60.4 30.3 9.3 100.08 1.5 14.0 83.4 2.6 100.0% 12.1 24.5 45.3 51.8 2.9 100.0% Total Assets Total Current Liabilities Long-Term Debt Total Stockholders' Equity 29.3% 18.1 52.6 11.5 24.8 63.7 21 , 68 37.8 40.6 Total Liabilities and Stockholders' Equity 100.0% 100.0 100.08 Required: Match the statements to the type of firm and explain your choice. 40. Required: a. Listed below are three groupings of financial ratios. Liquidity Long-term borrowing ability Profitability Briefly describe what each one measures. b. Listed below are three groups of users of financial statements. Suppliers of raw materials Potential stockholders Bondholders For each group, select the type of ratios from part (a) that each group might be mos interested in. Briefly explain your choice. ses or Froblems Nos. 40-47 39. The following are simplified, vertical, common-size balance sheets for three firms -a retailer, a service and a manufacturer. Assets Cash Receivables Inventory Fim A Firm B 8.1% Firm C 6.1% 8.7% Total Current Assets Plant, Property, and Equipment (net) Investments 23.2 31.1 60.4 30.3 9.3 100.08 1.5 14.0 83.4 2.6 100.0% 12.1 24.5 45.3 51.8 2.9 100.0% Total Assets Total Current Liabilities Long-Term Debt Total Stockholders' Equity 29.3% 18.1 52.6 11.5 24.8 63.7 21 , 68 37.8 40.6 Total Liabilities and Stockholders' Equity 100.0% 100.0 100.08 Required: Match the statements to the type of firm and explain your choice. 40. Required: a. Listed below are three groupings of financial ratios. Liquidity Long-term borrowing ability Profitability Briefly describe what each one measures. b. Listed below are three groups of users of financial statements. Suppliers of raw materials Potential stockholders Bondholders For each group, select the type of ratios from part (a) that each group might be mos interested in. Briefly explain your choice