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What is a cross-sectional analysis in managerial accounting? is it a comparison of ratios against industry or just ratios comparison between the two companies, or

What is a cross-sectional analysis in managerial accounting? is it a comparison of ratios against industry or just ratios comparison between the two companies, or something else? Like I'm asked to do a cross-sectional analysis of two companies we're evaluating for an acquisition, and this is what the requirement says: "Compare the common-size financial statements between the two companies using cross-sectional analysis." Can you create a table example of what it should look like please? Thank you

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