As a team, select an industry to analyze. Using your web browser, each team member should access the annual report or 10-K for one publicly traded company in the industry, with each member selecting a different company.

Required:
1. On an individual basis, each team member should write a short report that incorporates horizontal and vertical analyses and as many of the ratios from the chapter as are applicable given the nature of the selected company.
2. Then, as a team, write a short report comparing and contrasting your companies using these attributes. Discuss any patterns across the companies that you as a team observe. Provide potential explanations for any differences discovered. Consider the impact of differences in accounting policies.