Hi I was inquiring about this project I have due in 24 hours. I am confused as to where to even start or what to even put on the first page. I could say I am just looking for some guidance, or basically a stepping stone on this. "Obtain FYE 2016 annual reports from two corporations in the same primary industry. Using knowledge you obtained from chapters 4 and 5 and any analysis you consider useful, respond to the following questions: 1. How do earnings trends compare in terms of both the direction (increase/decrease) and stability of income (income from operations/income from non-recurring items)? 2. Which of the two firms had the greatest earnings relative to resources available? (Hint: Use return on assets, ROA, income before discontinued operations and extraordinary items average total assets.) 3. Which corporation has made most effective use of financial leverage during fiscal year 2015? (Hint: Follow the steps below to assess the relationship between risk and profitability.) a. Compare the debt-to-equity ratios (i.e., total liabilities total shareholders' equity) of the two firms. Note that shareholders receive no return on their investments until after all creditor claims are paid. Therefore, the higher the debt to equity ratio, the higher the risk to shareholders. b. Compare the return on shareholders' equity (ROE, income before discontinued operations and extraordinary items average shareholders' equity) of the two firms. Note that by earning a return on borrowed funds that exceeds the cost of borrowing the funds (i.e., interest payment), a company can provide its shareholders with a total return higher than it could achieve by employing equity funds alone. c. Evaluate the tradeoffs between risk and profitability made by the two firms in 2015. 4. Of the two firms, which seems riskiest in terms of its ability to pay short-term obligations (liquidity) and total liabilities (financial flexibility)? (Hint: Use "Current cash debt coverage ratio" and "Cash debt coverage ratio") 5. Which one(s) of the two firms would you recommend investing based on the above analysis?"