Miller is a very insistent (some would say pushy) man. When you told him that you would need additional information before making your decision he acted offended and said ?oWhat more could you possibly want to know??? You responded that at a minimum you would need complete audited financial statements.InstructionsWith the class divided into groups answer the following.(a) Explain why you would want the financial statements to be audited.(b) Discuss the implications of the ratios provided for the lending decision you are to make. That is does the information paint a favorable picture? Are these ratios relevant to the decision?(c) List three other ratios that you would want to calculate for this company and explain why you would use each.