The Financial Accounting Standards Board and the International Accounting Standards Board have identified the goal of comparability of financial statements as one toward which all companies should strive and consistency as the means of achieving that goal. How are these characteristics important to horizontal and vertical analysis? What is benchmarking? What should a company that wishes to use benchmarking look for in establishing benchmarks? What are the major goals of each of the following types of ratios? a. Liquidity ratios b. Asset management ratios c. Solvency ratios d. Profitability ratios e. Market analysis ratios