A. Under what circumstances would current liquidity be preferable to measure the firm's overall liquidity? Under what circumstances would the quick ratio be preferable?

B. Why the analysis of financial ratios of a company calculated at different times of the operating year can lead to different results? How could this problem be solved.

C. As a financial manager, which accounts would you choose as base figures to carry out a vertical analysis in the balance sheet and the income statement? explain.

D. What is the horizontal analysis method?

E. How to find the percentage variation in the horizontal analysis? explain.