(2)Format of the assignmentThe assignment should have the following sections:(1)Executive summary: Summarise the whole report to reflect the problem and findings of the report.(2)Introduction: In this section briefly discuss the importance/significance of financial statement analysis for investment purposeand introduce the case.(3)Identification of the issues:This section should include the problem in hand, that is, what the report is going to do/analyse and why. In doing so you must discuss the nature of the businesses of the selected firms. This will help comparing the ratios/performance indicators of the selected firms.(4)Financial analysis: In this section show your calculations of the ratios and performance indicators (mentionedabove) of two firms and discuss their relative strengths and weaknesses.(5)recommendations: In this section make your recommendation based on the analyses made in section