In this essay, define Horizontal Analysis and explain how it is conducted on income statements and balance sheets. Then discuss the Horizontal Analysis you completed on Netflix by emphasizing your interpretation of trends and changes over a specific period (2021 to 2023). Also discuss the key insights that Horizontal Analysis can offer to stakeholders, and consider any limitations or factors that should be taken into account when interpreting the results. This essay has a minimum word count of 100.This essay has a maximum word count of 250.There is a word count below the text area. In this essay, define Horizontal Analysis and explain how it is conducted on income statements and balance sheets. Then discuss the Horizontal Analysis you completed on Netflix by emphasizing your interpretation of trends and changes over a specific period (2021 to 2023). Also discuss the key insights that Horizontal Analysis can offer to stakeholders, and consider any limitations or factors that should be taken into account when interpreting the results