Using the company apple. Ratio Analysis & Common Size Statements (Trends) (1) Using Appendix 5: Summary of Financial Ratios, choose two ratios from each category (liquidity, activity, leverage, profitability, and market). You will have a total of 10 ratios for each of the three years presented. Display ratios in a chart as follows. Use the three most recent completed years for which financial statements are available. 20XX (1) 20XX (2) 20XX (3) Liquidity Ratio 1 Ratio 2 Activity Ratio 1 Ratio 2 Leverage Ratio 1 Ratio 2 Profitability Ratio 1 Ratio 2 Market Ratio 1 Ratio 2 (2) Create a common size balance sheet and income statement for the same 3-year period. (3) Discuss the overall results of the ratios and common size statements. Be specific and thorough. Its okay to speculate about what the numbers may mean and the potential impact on the company. What trends do you notice? Industry Comparison Search the company on the MSN Money website. Find the industry ratios for the following: Current Ratio Debt to Equity Ratio Return on Assets Return on Equity Inventory Turnover Asset Turnover (1) Display the ratios in a chart as follows: (Use the most recent year for which financial statements are available.) Company Industry 20XX 20XX Ratio 1 Ratio 2 Ratio 3 Ratio 4 Ratio 5 Ratio 6 (2) Compare and contrast the company with the industry ratios.