Since Smith Manufacturing is only in its second year of operations, management is unfamiliar with the process of issuing an annual report. The company’s management is working on preparing the Management Discussion and Analysis (MD&A) for the report. Even though it is management’s responsibility to prepare this section, they have asked for your assistance. They have asked that you conduct research to locate the information that is needed for the report. The research should include the structure and components of MD&A as well as any applicable industry information that must be used in the preparation of the document. Also, they would like you to draft a sample report so they have an example to use. Feel free to use the information that you have already provided to Smith Manufacturing.