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Calculate Adidas's asset turnover ratio for 2017 and 2016. Use the liquidity and efficiency ratios you have just calculated to discuss Nike's liquidity and efficiency.
Calculate Adidas's asset turnover ratio for 2017 and 2016.
Use the liquidity and efficiency ratios you have just calculated to discuss Nike's liquidity and efficiency. In your discussion, include comparisons to Adidas.
Nike asset turnover ratio:
5/31/18:
(36,397/22,536)=
1.62
5/31/17:
(34,350/22,536)=
1.48
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