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Assignment: 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 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.
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Achieving Dreams with the Bank of America Your first home. A new car. Opening your own business. Sending a child to college.
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