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for Q1 : A) Which year is better in current ratio,why ? B) Which year is better in Quick ratio, why? C) Which year is
for Q1 : A) Which year is better in current ratio,why ? B) Which year is better in Quick ratio, why? C) Which year is better in time interest earned, why? For Q2 : which company is better in liquidity ratios nike or adidas ?
Q1 Nike Current Ratio = Current Assets/Current Liabilities 2019 2018 16,525/7,866=2.100 15,134/6,040=2.505 2017 16,061/5,474=2.9340 Acid Test Ratio/Quick Ratio = (Current Assets-Inventory)/Current Liabilities 2019 2018 2017 16,525-5,622/7,866=1.386 15,134-5,261/6,040=1.6346 16,061-5,055/5,474=2.0105 Times Interest Earned= EBIT/Interest Expenses 2019 2018 4,772/49=97.38times 4445/54-82.31times 2017 4,749/59-80.49times Nike Q2 Current Ratio = Current Assets/Current Liabilities 2019 2018 16,525/7,866=2.100 15,134/6,040=2.505 2017 16,061/5,474=2.9340 Acid Test Ratio/Quick Ratio = (Current Assets-Inventory)/Current Liabilities 2019 2018 2017 16,525-5,622/7,866=1.386 15,134-5,261/6,040=1.6346 16,061-5,055/5,474=2.0105 Adidas Current Ratio = Current Assets/Current Liabilities 2019 10,934/8,754 = 1.02490 Acid Test Ratio/Quick Ratio = (Current Assets-Inventory)/Current Liabilities 2019 10,934-4,085/8,754 =0.7823
for Q1 :
A) Which year is better in current ratio,why ?
B) Which year is better in Quick ratio, why?
C) Which year is better in time interest earned, why?
For Q2 :
which company is better in liquidity ratios nike or adidas ?
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