e Back to Assignment Attempts: 7 Do No Harm: 7/9 1. Ratio analysis As Aa A company reports accounting data in its financial statements. This data is used for financial analyses that provide insights into a company's strengths, weaknesses, performance in specific areas, and trends in performance. These analyses are often used to compare a performance to that of its competitors, or to its past or expected future performance. Suchi insight helps managers and decision making. and trends in performance. These analyses are often used to compare a company's to its past or expected future performance. Such insight helps managers and analysts improve their Consider the following scenario: You work for a brokerage firm. Your boss asked you to analyze Blue Parrot Manufacturing's performance for the past three years and to write a report that includes a benchmarking of the company's performance. Which of the following components would be best for you to include in your financial statement analysis? A calculation of financial ratios and an evaluation of the comparative trends in the firm's financial position and performance over a certain time period A critique of the company's financial statements and a report of any misprints to be sent to the Securities and Exchange Commission O a company's performance. Based on the There are several groups of ratios most decision makers and analysts use to examine different aspects of descriptions of ratios listed, identify the relevant category of ratios. Search the web and Windows