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Prior to beginning work on this discussion forum, read Chapter 13: Financial Analysis: The Big Picture in your course text. In your initial post, Discuss the horizontal and vertical analysis of a fina

Prior to beginning work on this discussion forum, read Chapter 13: Financial Analysis: The Big Picture in your course text.

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In your initial post,

  • Discuss the horizontal and vertical analysis of a financial statement, and how each is used to help financial statement users make better decisions.
  • Explain the liquidity, solvency, and profitability ratios introduced throughout the text.
  • Describe how the ratios are used in analyzing a firm’s liquidity, solvency, and profitability.

Your answer should illustrate understanding of financial statement analysis, including ratios. A minimum of 200 to 200 words is required for your answer.