Teams are to select an industry, and each team member is to select a different company in that industry. Each team member then is to acquire the selected company's financial statements (or Form 10-K) from the SEC site (www.sec.gov). Use these data to identify basic EPS. Use the financial press (or finance.yahoo.com) to determine the market price of this stock, and then compute the price-earnings ratio. Communicate with teammates via a meeting, e-mail, or telephone to discuss the meaning of this ratio, how companies compare, and the industry norm. The team must prepare a single memorandum reporting the ratio for each company and identifying the team conclusions or consensus of opinion. The memorandum is to be duplicated and distributed to the instructor and teammates.