Horizontal vs. Vertical Analysis. Discuss thehorizontal and vertical analysis of

Horizontal vs. Vertical Analysis. Discuss thehorizontal and vertical analysis of a financial statement and howeach is used to help financial statement users make betterdecisions. Also explain the liquidity solvency and profitabilityratios introduced throughout the text. Describe how the ratios areused in analyzing a firms liquidity solvency and profitability.Your answer should illustrate understanding of financial statementanalysis including ratios. A minimum of 100 to 200 words isrequired for your answer. Respond to at least two of yourclassmates posts.