1. Find the financial statements for NIKE and ADIDAS companies and calculate the following ratios for each (note whether a particular ratio is not applicable):
• Current Ratio
• Acid Test Ratio
• Debt Ratio
• Equity Ratio
• Accounts Receivable Turnover
• Days Sales uncollected
• Inventory Turnover
• Days Sales in Inventory
2. Write in DETAIL describing the difference between the two companies for 3 of the ratios calculated.
3. Prepare common size and trend percentages for the income statements for each company.
4. Write a DETAILED analysis and comparison of the income statement items and differences between the two. Be sure to explain why the common size statement is helpful in this analysis.
NIKE VS. ADIDAS 1. Find the financial statements for NIKE and ADIDAS companies and calculate the following ratios for each (note whether a particular ratio is not applicable): • Current Ratio • Acid Test Ratio • Debt Ratio • Equity Ratio • Accounts Receivable Turnover • Days Sales uncollected • Inventory Turnover • Days Sales in Inventory 2. Write in DETAIL describing the difference between the two companies for 3 of the ratios calculated. 3. Prepare common size and trend percentages for the income statements for each company. 4. Write a DETAILED analysis and comparison of the income statement items and differences between the two. Be sure to explain why the common size statement is helpful in this analysis.
Attachments:
NIKE vs ADIDA….docx