As you begin to assess the financial statements of a corporation, you would use many 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 You should also apply additional technical tools including: Structured Query Language (SQL) Open Database Connectivity (ODBC) Digital Analysis Outlier Investigation Stratification Summarization You should consider how each of these financial tools can provide insight into the company and help to develop a list of red flags.