Nike Financial Statement Ratios and Health.
I need an explanation for this Business question to help me study.
For this assignment, you will continue researching your chosen company. Compose a paper on the financials of your chosen firm; you will choose two ratios from each category (liquidity, profitability, and solvency) and conduct an analysis as well as highlight key areas/trends of the income statement and balance sheet. Be sure to answer the following questions in your response:
- What do the ratios reflect?
- Does the company appear healthy and headed in the right direction? Explain.
- How does the company compare to another firm in the same industry in regards to financial metrics (for instance, a comparison of Target versus Walmart based on the basic ratio categories mentioned above)?
Your paper must be at least two pages in length, and you must use at least two sources. Please adhere to APA style when creating citations and references for these sources.
***Comparison Company is Adidas***