Discussion Post
There are different tools for analyzing the financial statements of a company, such as horizontal analysis, vertical analysis, ratios for measuring financial health and profitability, and so forth. But before we begin using these tools, it is important to know the purpose of each tool.
• Why do we need different tools for analyzing financial statements? Don't the numbers in the financial statements speak for themselves?
o Include in your post that you attended the live lecture
o Provide a summary of your key takeaways from the lecture
Textbook: Financial Accounting: Tools for Business Decision Making by Kimmel, Weygandt and Kieso, 9th Edition, 2019 Wiley.
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.