The health of a company can be understood by examining its key financial ratios and the financial activities it undertakes. The financial ratios reveal performance of a company and the relationships between different accounts from financial statements. And the Activities are oriented towards strengthening of the overall performance of the company.

Required ( i) You are required to briefly describe the financial ratios with a suitable example.

ii) You are required to identify and briefly explain any four basic financial statements that would help your company.