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I need help with understanding how this should be set up. I would be so grateful for any assistance you can give.

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Evaluating a Firm's Financial Condition

Submit the assignment by 11:59 PM PT Sunday of Module 2.

"Financial statement analysis is the process an individual goes through to analyze a company's various financial documents to make an informed decision about that business" (Stobiersk, 2019, para. 6).

You will research financial challenges and opportunities anticipated in a specific industry. You will analyze the financial statements of two competing firms in the industry and evaluate whether they are prepared for the challenges and opportunities you discovered. You will assume the role of an organizational leader of one of the firms and present your findings and recommendations in an executive summary.

Step 1. Identify Using the International Labour Organization's list of Industries and SectorsLinks to an external site., identify an industry sector closely aligned with your career goals for the focus of this assignment.

Step 2. Research Research your chosen industry to understand the financial challenges and opportunities it will most likely encounter in the next decade.

Step 3. Select Select two publicly traded competing companies in this industry.

Step 4. Compare Compare the last 3 years financial statements (balance sheet, income statement, and statement of cash flows) of the two competing companies.

Tip: Consolidated financial statements of publicly traded companies can easily be found on Yahoo FinanceLinks to an external site. using the company's ticker symbol and clicking on the "Financials" tab.

Step 5. Analyze Analyze the trends you observe over the past 3 years in the financial statements using vertical and horizontal analyses.

Step 6. Prepare an executive summary of the financial condition of your selected company. Ensure your executive summary:

• discusses how your selected company's condition compares to its major competitor and
• reflects on how the company can prepare for the financial challenges and opportunities you researched in Step 2.