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Overview We have spent a lot of time learning how to prepare financial statements and now it is time to practice using the financial statements to make business decisions. This discussion will allow you to develop your expertise in financial statement analysis by evaluating two different industries and explaining the reporting similarities and differences you identify. Instructions 1. Using the website Bizstats search for industry financial benchmark reports and select Corporation. 2. From the list provided, drill down to a specific industry income-expense statements, balance sheet benchmarks, and financial ratios for two different industries Select two industries that you would expect to have some similarities. 3. For these two industries, identify one significant similarity and one significant difference in financial information provided. Provide an explanation (your opinion) for the similarity and difference. BizStats HOME CORPORATION S-CORP SOLE PROPRIETOR PARTNERSHIPS RESOURCES ABC Free business statistics and financial ratios BizStats is the home of free, accurate business statistics well organized and easy to access. Overview We have spent a lot of time learning how to prepare financial statements and now it is time to practice using the financial statements to make business decisions. This discussion will allow you to develop your expertise in financial statement analysis by evaluating two different industries and explaining the reporting similarities and differences you identify. Instructions 1. Using the website Bizstats search for industry financial benchmark reports and select Corporation. 2. From the list provided, drill down to a specific industry income-expense statements, balance sheet benchmarks, and financial ratios for two different industries Select two industries that you would expect to have some similarities. 3. For these two industries, identify one significant similarity and one significant difference in financial information provided. Provide an explanation (your opinion) for the similarity and difference. BizStats HOME CORPORATION S-CORP SOLE PROPRIETOR PARTNERSHIPS RESOURCES ABC Free business statistics and financial ratios BizStats is the home of free, accurate business statistics well organized and easy to access