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Given the Data Below Forecast the following: Sales for the next fiscal year end Net income for that same year Earnings Per Share Adidas Week

Given the Data Below Forecast the following:

  1. Sales for the next fiscal year end
  2. Net income for that same year
  3. Earnings Per Share
Adidas Week 7 Milestone
The DUPONT Equation (ROE) 2021 2022 2023
Sales 22,511,000,000 21,234,000,000 18,435,000,000
Net Income 612,000,000 2,116,000,000 413,000,000
Total Assets 20,296,000,000 22,137,000,000 21,053,000,000
Total Common Equity 179,000,000 192,000,000 195,000,000
Profit Margin (%) 2.72% 9.97% 2.24%
Total Asset Turnover (X) 1.11 0.96 0.88
Equity Multiplier (X) 113.39 115.3 107.96
ROA (%) 3.02% 9.56% 1.96%
ROE (%) 3.02% 1102.08% 211.79%
2022
Total Current Liab. 9,275,000,000.00
Notes payable and/or short-term debt 0
Number of shares Outstanding 179000000

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