Just 2 or 3 sentence answers per question. These are short questions. Due tomor

Just 2 or 3 sentence answers per question. These are short questions. Due tomorrow. Thanks Question #1Ratios provide the users of financial statements with a great deal of information about the entity. Do ratios tell the whole story? How could liquidity ratios be used by investors to determine whether or not to invest in a company?Question #2Year Ending December 2012Year Ending December 2011Year Ending December 2010Revenues400003500033000Operating ExpensesSalaries15000100009000Maintenance and Repairs6000900010000Rental Expense250025002500Depreciation200020002000Fuel400035002500Total Operating Expenses295002700026000Operating Income1050080007000Sales and Administrative Expenses600040003000Interest Expense250020001000Net Income200020003000Above is a comparative income statement for Cecil Inc. for the years 2010 2011 and 2012. Calculate the profit margin for each of these years. Comment on the profit margin trend.