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I need help composing a paper on the financials of Nike; Need help with using the two ratios from the following categories...current Nike liquidity ratio
I need help composing a paper on the financials of Nike; Need help with using the two ratios from the following categories...current Nike liquidity ratio 2.01 and 2.51 last year, current Nike profitability ratio 44.7% and 43.84% last year, and current Nike solvency ratio 0.38 and 0.39 last year. I need help with conducting analysis as well as highlighting key areas/trends of the income statement and balance sheet. I need to be able to answer the following questions in my 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)?
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