Why is horizontal and vertical analysis important in analyzing the balance sheet and the income statement?
Two companies with vastly different financial profiles (e.g., a $10 million company and a $10 billion dollar international corporation) can still be meaningfully compared by reducing their financials to percentages. Today’s economy is undergoing constant and significant change thanks to digital disruption, complex globe-spanning phenomena like climate change and the COVID-19 pandemic, and the ever-expanding […]