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1.What are the differences between horizontal analysis and vertical analysis?What are some common ratios used to analyze financial information?How are they used in the decision-making process?

2. What are the limitations of using financial ratios and how can management maximize the use of financial ratios?

3.What are some additional key reasons why a cash flow forecast is so important?

4.Many members of management will tend to leave the financial aspect of the business to the accounting department to decipher, but in actuality, management is the one making most of the important operational decisions. Therefore, in my opinion they should be able to comprehend the financial statements as well.Do you agree?Why or Why not?