Motch these terms to their correct definition compares a single corporation across multiple years. tach financial statement line item is expressed as a percentage of the largest statement amount, for example, net sales on the income statement cach financial statement line item is expressed as a percent of the base yeur (typically a short-term liquidity raties b. Horizontal analysis the least recent year shown). express each financial statement line item in percentage terms in order to highlight cCommon size statements differences. Typically, this conversion from dollar amounts to percentages is done d. Time series analysis with horizontal or vertical analysis ratios used to assess the likelihood that a company will be able to pay its current e Vertical analysis obligations as they come due operating ratio compares a corporation's financial statements to its primary competitors and industry averages profitability ratios 8 ratios used to measure how efficiently a company uses its assets, h Industry (Cross-sectional analysis rates that measure elements of operations that contribute to profits and the relationship of income to the investment by shareholders