Project 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. Tue Risk Management Association’s Annual Statement Studies, Dun & Bradstreet’s Industry Norms & Key Business Ratios, and Prentice Hall’s Almanac of Business and Industrial Financial Ratios, by Leo Troy, publish common-size statements for most industries.
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