Team Project 17-1 Select an industry you are interested in, and pick any company in that industry to use as the benchmark. Then select two other companies in the same industry. For each category of...

Team Project 17-1

Select an industry you are interested in, and pick any company in that industry to use as the benchmark. Then select two other companies in the same industry. For each category of ratios, compute all the ratios for the three companies. Write a two-page report that compares the two companies with the benchmark company.

Team Project 17-2

Select a company and obtain its financial statements. Convert the income statement and the balance sheet to common size, and compare the company you selected to the industry average. The Risk Management Association’s Annual Statement Studies and Dun & Bradstreet’s Industry Norms & Key Business Ratios publish common-size statements for most industries.