The collection of these three financial statements identifies the financial position of the company to help identify the path forward financially for the business. Once all the data has been collected for the annual report, the company can analyze the data across the various financial ratios, including liquidity ratio, asset management ratio, and profitability ratio. References Candor Equities Limited. 2012. “Types of Financial Ratios.” Candor Equities Limited Investing Fundamentals Online. http://cel.candor-holdings.com/wp-content/uploads/2013/10/types_of_financial_ratios_19mar_2012.pdf. (Accessed October 11, 2015) Melicher, Ronald W. and Norton, Edgar A. 2014. “Introduction to Finance: Markets, Investments, and Financial Management.” 15th edition”. New Jersey: John Wiley and Sons,