As a team, select an industry to analyze. A list of companies classified by industry can be obtained by accessing www.fpinfomart.ca and then choosing "Companies by Industry." You can also find a list of industries and companies within each industry via http://ca.finance.yahoo.com/investing. A list of industries can be obtained by clicking on "Annual Reports" under "Tools".

Each group member should acquire the annual report for one publicly traded company in the industry, with each member selecting a different company. (Library files, the SEDAR service at www.sedar.com, or the company's website are good sources.)

Required:

On an individual basis, each group member should write a short report answering the following questions about the selected company. Discuss any patterns that you observe as a team. Then, as a team, write a short report comparing and contrasting your companies, using the six attributes listed below.

1.What types of products or services does it sell?

2.On what day of the year does its fiscal year end?

3.For how many years does it present complete

a. statements of financial position (or balance sheets)?

b. income statements and statements of comprehensive income?

c. statements of cash flows?

4.Are its financial statements audited by independent auditors? If so, by whom?

5.Did its total assets increase or decrease over the last year?

6.Did its profit increase or decrease over the last year?