$1)$ Liquidity Ratios

$2)$ Leverage Ratios

$3)$ Operating Ratios

$4)$ Profitability Ratios

For this assignment, please write one paragraph for each of the four ratio categories $($four paragraphs total$)$ describing a business scenario which would lead an analyst to use this particular ratio category. You can of course use one of the ratios in the given category to illustrate your example and financials from actual companies if you like.