Question: Calculate the below indicated three ratios, linking any numbers using Excel to the financial statements. Also calculate the interest rate ( both monthly and annually

Calculate the below indicated three ratios, linking any numbers using Excel to the financial statements. Also calculate the interest rate (both monthly and annually), again linking and calculating using Excel.2) Based on the above calculations, analyze your results in the grey box provided. How is this business doing compared to others in the industry for those ratios and the interest rate?3) Based on your analysis as well as your review of the financial statements, provide at least two distinct recommendations for improving the business and its cash flow in the indicated grey box below.Note that increasing the selling price is not an option in this industry given the competition.

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