Answer the following questions

I need help with a Accounting question. All explanations and answers will be used to help me learn.

Participation Exercise #15: After listening to this short video (Links to an external site.) respond to the following question. Why is horizontal and vertical analysis important in analyzing the Balance Sheet and the Income Statement?

Participation Exercise #16: After listening to this short video (Links to an external site.) respond to the following question. If you were buying a company and you could only choose to see “one” category of ratios (Liquidity, Profitability, Leverage/Solvency) which would you choose? Why?

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