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As you begin to assess the financial statements of a corporation, you would use a number of different tools. Please discuss the purpose of each

As you begin to assess the financial statements of a corporation, you would use a number of different tools. Please discuss the purpose of each tool/process below, along with the insight that you would expect to attain from each:

Vertical and horizontal analysis of the income statement and balance sheet

Cash flow analysis

Deep-dive review of account balances

Ratio analysis.

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