Deliverable Length: 3–5 pages OBJECTIVES This assignment must be an individual assignment and cannot be a group project. Select any small- to medium-sized publicly traded company, and use the...

Solution:
For the purpose of this assignment, I had considered the annual report of Commercial Metal Company & the annual report of the same had been attached with the report.
    CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) $ in Thousands
    12 Months Ended
     
    12 Months Ended 
     
     
    Aug. 31 2019
    Percentage
    Aug. 31 2018
    Percentage
    Income Statement [Abstract]
     
     
     
     
    Net sales
    58,29,002.00
    100.00%
    46,43,723.00
    100.00%
    Costs and expenses:
     
     
     
     
    Cost of Goods and Services Sold
    50,25,514
    86.22%
    40,21,558
    86.60%
    Selling general and administrative expenses
    4,63,271
    7.95%
    4,01,452
    8.65%
    Loss on debt extinguishment
    0
    0.00%
    0
    0.00%
    Impairment of assets
    384
    0.01%
    14,372
    0.31%
    Interest expense
    71,373
    1.22%
    40,957
    0.88%
    Total costs and expenses
    55,60,542
    95.39%
    44,78,339
    96.44%
    Earnings from continuing operations before income taxes
    2,68,460
    4.61%
    1,65,384
    3.56%
    Income taxes
    69,681
    1.20%
    30,147
    0.65%
    Earnings from continuing operations
    1,98,779
    3.41%
    1,35,237
    2.91%
    Earnings (loss) from discontinued operations before income taxes
    -528
    -0.01%
    3,235
    0.07%
    Income taxes (benefit)
    158
    0.00%
    -34
    0.00%
    Earnings (loss) from discontinued operations
    -686
    -0.01%
    3,269
    0.07%
    Net earnings
    1,98,093.00
    3.40%
    138506
    2.98%
1.) i.) Vertical Analysis of two recent annual reports:
    CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands
    Aug. 31, 2019
    Percentage
    Aug. 31, 2018
    Percentage
    Current assets:
     
     
     
     
    Cash and cash equivalents
     $ 1,92,461
    5.12%
     $ 6,22,473
    18.70%
    Accounts receivable
    10,16,088
    27.03%
    7,49,484
    22.52%
    Inventories
    6,92,368
    18.42%
    5,89,005
    17.70%
    Other current assets
    1,79,088
    4.76%
    1,16,243
    3.49%
    Total current assets (A)
    20,80,005
    55.34%
    20,77,205
    62.41%
    Property, plant and equipment:
     
     
     
     
    Land
    1,42,825
    3.80%
    85,288
    2.56%
    Buildings and improvements
    7,50,381
    19.96%
    6,31,501
    18.97%
    Equipment
    22,34,800
    59.46%
    19,18,342
    57.64%
    Construction in process
    68,579
    1.82%
    35,741
    1.07%
    Property, plant and equipment, Gross
    31,96,585
    85.04%
    26,70,872
    80.25%
    Less accumulated depreciation and amortization
    -16,95,614
    -45.11%
    -15,95,834
    -47.95%
    Property, plant and equipment, Net
    15,00,971
    39.93%
    10,75,038
    32.30%
    Goodwill
    64,138
    1.71%
    64,310
    1.93%
    Other noncurrent assets
    1,13,657
    3.02%
    1,11,751
    3.36%
    Total assets
    37,58,771
    100.00%
    33,28,304
    100.00%
    Current liabilities:
     
     
     
     
    Accounts payable
    2,88,005
    7.66%
    2,61,258
    7.85%
    Accrued expenses and other payables
    3,53,786
    9.41%
    2,60,939
    7.84%
    Acquired unfavorable contract backlog
    35,360
    0.94%
    0
    0.00%
    Borrowings under accounts receivable programs
    3,929
    0.10%
    0
    0.00%
    Current maturities of long-term debt
    13,510
    0.36%
    19,746
    0.59%
    Total current liabilities (B)
    6,94,590
    18.48%
    5,41,943
    16.28%
    Deferred income taxes
    79,290
    2.11%
    37,834
    1.14%
    Other noncurrent liabilities
    1,33,620
    3.55%
    1,16,325
    3.50%
    Long-term debt
    12,27,214
    32.65%
    11,38,619
    34.21%
    Total...