Response to the following:
Managers use a variety of tools to analyze a company's financial position. Horizontal, vertical, and ratio analyses are three important tools.
Describe how each contributes to the analysis process.
Discuss both the mechanics of the method as well as the information gleaned.
Please give an example of how each method might be used to make a business decision.
Be sure to discuss what the company's information should be compared against to determine the financial health of the company.
Be sure to cite any sources using APA style.