You are a new manager to a company in the automotive industry.
You are asked to review the monthly management reports that are
presented to the owner each month. The previous manager, who had
been employed for many years before retiring, usually just approved
the reports and returned them immediately. The controller is
getting anxious that you are taking so long to review them. You
noticed, however, that the reports, which consist of a Horizontal
Analysis, Vertical Analysis and Ratio...