Discuss three Financial Ratios, which would help assess the financial strength of a Fortune 500 company of choice.

2. Discuss how using debt ratios applies to your personal finances.3. What does the P/E ratio or EPS tell you about a companies’ overall financial condition? 4. What industry statistics can a business use for comparison?5. How can they use that information in their business? Please give a specific example.

Respond to the following in a minimum of 175 words: Describe the purpose of the five primary financial statements. Statement of Comprehensive Income  Income Statement  Balance Sheet  Statement of Cash Flows  Statement of Shareholder's Equity    Give an example of a profitability, liquidity, and solvency ratio and explain the components and which financial statement would provide the information.

A paragraph stating your evaluation of the company’s performance and financial status for the quarter ending March 30, 2022. In your evaluation, state whether: o the business is profitable?o it is able to pay its current obligations/liabilities?o its assets are financed more by debts or equity?o its retained earnings increased or decreased during the quarter and why? You may state any other insights you have on the company’s financial statements. Justify your evaluation and support your discussion with relevant calculations or ratios.