Ratio Project -
You are required to complete the following and then uploaded this completed Word document. You may work together but the work you submit must be your own.
Part A: Compute the ratios for both Nike and Under Armor for 2016 and fill in on the appropriate lines below.
Part B: Using the relevant ratios from below, discuss the main differences inthe overall profitability/strategy between Nike and Under Armor?
Liquidity Ratios -
1. Current Ratio: Nike: ______; Under Armor: ______
2. Acid-Test Ratio: Nike: _________; Under Armor _______
3. Accounts Receivable Turnover: Nike: ______; Under Armor _______
4. Accounts Receivable Turnover in Days: Nike: _______; Under Armor _______
5. Inventory Turnover: Nike: _________; Under Armor _______
6. Days Inventory Held: Nike: _________; Under Armor _______
7. Accounts Payable Turnover: Nike _______; Under Armor _______
8. Accounts Payable Turnover in Days Nike :_______; Under Armor _______
9. Operating Cycle: Nike :_______: Under Armor _______
Profitability Ratios -
10. Gross Profit Margin: Nike: _______: Under Armor _______
11. Net Profit Margin: Nike: ______; Under Armor _______
12. Return on Total Equity: Nike: _______ Under Armor _______
13. Return on Total Assets: Nike: ________; Under Armor _______
14. Asset Turnover: Nike: ________; Under Armor _______
Long-Term Debt Ratios -
15. Debt Ratio: Nike: ________; Under Armor _______
16. Debt to Equity Ratio: Nike: _____; Under Armor _______
Attachment:- Assignment Files.rar