You should check that they have sufficient financial statement history (e.g., say at least 3 years) and you should work with the latest data. 1. Prepare the vertical and horizontal common size income statement for each company for the last 3 years (10 MARKS) 2. Provide a trend analysis for the sales growth and operating expense growth for the last three years. (10 MARKS) 3. Provide a cross sectional analysis (compare both companies) for gross profit margin on 2019. (10 MARKS) The two publicly listed companies are to bank and Royal book of condo Choose two publicly listed companies and get them approved by the instructor (first come first served). They should be in the same industry or at least in the same sector. Download the financial statement and annual reports of the two companies that you have chosen to follow. You can use their website or financial databases from the Sheridan Library like Mergent Online, FactSet, Factiva, etc. You should check that they have sufficient financial statement history (e.g., say at least 3 years) and you should work with the latest data. 1. Prepare the vertical and horizontal common size income statement for each company for the last 3 years (10 MARKS) 2. Provide a trend analysis for the sales growth and operating expense growth for the last three years. (10 MARKS) 3. Provide a cross sectional analysis (compare both companies) for gross profit margin on 2019. (10 MARKS) HIRURG RE 18 11 MEIE REF.00** ED NAT BEN 1 HT Consolidated Statement of Income TORS SI ICE QUE TH HE SL TET Consolidated Balance Sheet 5:55 Balance sheet 2020 rbc.xlsx You should check that they have sufficient financial statement history (e.g., say at least 3 years) and you should work with the latest data. 1. Prepare the vertical and horizontal common size income statement for each company for the last 3 years (10 MARKS) 2. Provide a trend analysis for the sales growth and operating expense growth for the last three years. (10 MARKS) 3. Provide a cross sectional analysis (compare both companies) for gross profit margin on 2019. (10 MARKS) The two publicly listed companies are to bank and Royal book of condo Choose two publicly listed companies and get them approved by the instructor (first come first served). They should be in the same industry or at least in the same sector. Download the financial statement and annual reports of the two companies that you have chosen to follow. You can use their website or financial databases from the Sheridan Library like Mergent Online, FactSet, Factiva, etc. You should check that they have sufficient financial statement history (e.g., say at least 3 years) and you should work with the latest data. 1. Prepare the vertical and horizontal common size income statement for each company for the last 3 years (10 MARKS) 2. Provide a trend analysis for the sales growth and operating expense growth for the last three years. (10 MARKS) 3. Provide a cross sectional analysis (compare both companies) for gross profit margin on 2019. (10 MARKS) HIRURG RE 18 11 MEIE REF.00** ED NAT BEN 1 HT Consolidated Statement of Income TORS SI ICE QUE TH HE SL TET Consolidated Balance Sheet 5:55 Balance sheet 2020 rbc.xlsx