b) Who are some of the basic users of financial statements, and how do they use them Select two publicly traded companies of your choice (both competitors of each other) Review the financial statements of the companies Note: for the following questions, you must provide detailed financial information per the financial statements The financial statements of most companies can be found at Yahoo Finance. For instance, view the financial statements of Knight Transportation here: Knight Transportation el c) Looking at the most recent year available, what is the amount of total assets on the companies' balance sheets? What percentage is fixed assets, such as plant and equipment per total assets ? What percentage is current a ssets per total assets? d) What amount do your companies have in long-term debt? What percentage is long debt per total debt and equity ? e) ) Looking at the income statement, what are your companies' most recent sales and net income ? b) Who are some of the basic users of financial statements, and how do they use them Select two publicly traded companies of your choice (both competitors of each other) Review the financial statements of the companies Note: for the following questions, you must provide detailed financial information per the financial statements The financial statements of most companies can be found at Yahoo Finance. For instance, view the financial statements of Knight Transportation here: Knight Transportation el c) Looking at the most recent year available, what is the amount of total assets on the companies' balance sheets? What percentage is fixed assets, such as plant and equipment per total assets ? What percentage is current a ssets per total assets? d) What amount do your companies have in long-term debt? What percentage is long debt per total debt and equity ? e) ) Looking at the income statement, what are your companies' most recent sales and net income