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Use the blue examination book attached to present your answers for Problems Nos. 46-47 The following are simplified, vertical, common-size balance sheets for three firms

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Use the blue examination book attached to present your answers for Problems Nos. 46-47 The following are simplified, vertical, common-size balance sheets for three firms - a retailer, a service film, and a manufacturer. Required: Listed below are three groupings of financial ratios. Liquidity Long-term borrowing ability Profitability Briefly describe what each one measures. 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 most interested in. Briefly explain your choice

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