Reviewing the horizontal analyses of Amazon’s and Target’s Balance Sheets, what comparison and conclusions can you draw from this data? Your answer must be a minimum of one paragraph.
Basically balance sheet can help to find the financial position of the companies and Here the results of vertical analyses of Amazon’s and Target’s Balance Sheet data can help to determine trends and identify potential problems of those companies analysis gives the company a heads up if the cost of goods sold or any other expense appears to be too high when compared to sales. As with the horizontal analysis, you need to use more years for any meaningful trend analysis.
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