After performing an economic review, the analyst must become familiar with the industry to which he/she is assigned. The way to obtain this knowledge is by performing a complete industry analysis.Our focus will be on the industry. For purposes of this class, we will define the industry based on five companies:Guidelines:Use complete sentences and paragraphs. Please endnote any source you use to justify your answers (including the textbook). Feel free to bring in other sources to support your answers (just be sure to endnote those sources).Use ARIAL type font, 12 point, double-spaced. 6 pages. Please use the data in the excel I have attached.. Again, be thorough with your answers.Instructions:Using the material from class as your guideline, put together a report on this industry.Data and charts are in addition to and should not be considered part of the 6 page requirement.REQUIRED:As part of the assignment, you need to use Telemet to perform a comparative (industry) ratio analysis. You should select important ratios like DuPont, leverage ratios, profitability ratios, growth ratios (e.g. revenue growth), and other balance sheet and income statement ratios. Select the 10 ratios that you believe best describe the industry.If Telemet has already computed ratios, you do not need to compute them yourself. Just cite thats where the ratios came from. You should build your own tables, however, and have at least 5 years of data.Summary of Instructions:When writing your paper on the industry, you can use the following as a guide. This is a simple list, and not all-inclusive your analysis should go beyond whats written below. Feel free to consider and discuss other factors you believe to be important.This project should give you a healthy understanding of the assigned industry.Sources of Information:Some sources were listed in the PowerPoint presentation. You can use any source you can find to bolster your knowledge of the industry. Be sure to endnote your sources! Also, check out each companys websites and MD&A sections of their annual report or quarterly reports.