Group Homework Assignment 1 Assignment #1 Previously, you or each member of your group selected two companies from same industry. One is considered your company and the other is considered a competitor which will be used as benchmark for your analysis. The following are the questions you should answer. You can find 2015&2016 Balance Sheet and Income Statement at finance.yahoo.com or similar websites (Common-size Balance Sheet & Common-size Income Statement Analysis) (25 points) 1) With 2015& 2016 b balance sheets and common-size income statements alance sheet & Income statement for each company, create common -size 2) Using 2016 common-size balance sheet and income statement, compare your company with the benchmark and describe how your company is similar to or different from the benchmark. 3) Using 2015 &2016 common-size balance sheet and income statement of each company, do the time trend analysis and describe how each company changes over time. Group Homework Assignment 1 Assignment #1 Previously, you or each member of your group selected two companies from same industry. One is considered your company and the other is considered a competitor which will be used as benchmark for your analysis. The following are the questions you should answer. You can find 2015&2016 Balance Sheet and Income Statement at finance.yahoo.com or similar websites (Common-size Balance Sheet & Common-size Income Statement Analysis) (25 points) 1) With 2015& 2016 b balance sheets and common-size income statements alance sheet & Income statement for each company, create common -size 2) Using 2016 common-size balance sheet and income statement, compare your company with the benchmark and describe how your company is similar to or different from the benchmark. 3) Using 2015 &2016 common-size balance sheet and income statement of each company, do the time trend analysis and describe how each company changes over time