You are required to analyze and compare two companies and make an investment suggestion based upon your analysis.

The companies for the analysis are Waste Management, Inc. and Republic Services, Inc. You can go to http://www.sec.gov (i.e., EDGAR online) to locate the financial statements of publicly held companies. Here are some instructions:

o Click https://www.sec.gov/edgar/searchedgar/companysearch.html

o Then use fast search to enter companys CIK number. CIK number for Waste Management, Inc. is 0000823768. CIK number for Republic Services, Inc is0001060391.

o Since we are using financial statement (10-K) reported by each company, the filing type you can enter 10. 10-K refer as annual financial statement reports while 10-Q refer as quarterly financial statement reports.

o Do NOT retrieve financial information/ratios from other internet websites.

Please check the sample project#2 under blackboard/group project for detailed information. Basically, you need to include 3 sections in your project:

o introduction - background about the two companies' strategy

o financial analysis- Common size statement analysis (pick 3 recent years statements); Comparative statements analysis (pick 3 recent years statements); financial ratios analysis

o Recommendation on investment

You will hr analyzing the following firms: Waste Management, Inc. Republic Services, Inc. For these firms, download the most recent annual report to begin your work, including financial statements, footnotes to the financials, and the management discussions and analyses Alternatively, you may use the 10-K report You can download the 10-K from the company's website or (i.e., EDGAR online). Prepare vertical (as well as horizontal) common-size balance sheets and income statements for both companies. Prepare comparative analysis (i.e., change of percentage analysis) on income statement and balance sheet for both companies. You should compute for the most recent THREE years. You will hr analyzing the following firms: Waste Management, Inc. Republic Services, Inc. For these firms, download the most recent annual report to begin your work, including financial statements, footnotes to the financials, and the management discussions and analyses Alternatively, you may use the 10-K report You can download the 10-K from the company's website or (i.e., EDGAR online). Prepare vertical (as well as horizontal) common-size balance sheets and income statements for both companies. Prepare comparative analysis (i.e., change of percentage analysis) on income statement and balance sheet for both companies. You should compute for the most recent THREE years