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MY COMPANY IS NIKEEEEE (i need it ASAP please) nalyze the company's income statement for the past three years. Identify the trend (i.e. increase or
MY COMPANY IS NIKEEEEE (i need it ASAP please)
- nalyze the company's income statement for the past three years. Identify the trend (i.e. increase or decrease) demonstrated by total revenue, total expense, and net income (or loss) for this time period. Also identify any major increases or decreases within the revenue and expense sections (if any). Cite numbers or percentages to support your response.
- Analyze the company's balance sheet for the past two years. Identify the trend (i.e. increase or decrease) demonstrated by total assets, total liabilities, and total owners equity for this time period. Also identify any major increases or decreases within the asset and liability sections (if any). Cite numbers or percentages to support your response.
- Based on your analysis of the income statement and balance sheet, discuss any areas of concern. Do you believe the company is currently in a strong financial position or heading into trouble? Support your reasoning.
- Describe how the financial statements that you evaluated impact internal and external stakeholders. For example, how would this information be used in your company by its management and executives? Also, who on the outside of the company would be interested in this information and how would it impact them?
- Assume that the Controller at your chosen company told you that the Profit Margin increased from 15% last year to 17% this year. Describe what the Profit Margin is and how it is determined. Indicate if the company's results are good news or bad news. If the Controller would like to target a 20% Profit Margin for next year, what needs to occur in terms of the company's performance?
- During the same conversation with the Controller in the previous question, you learned that the Current Ratio increased from 3.0x last year to 3.5x this year. Describe what the Current Ratio is and how it is determined. Indicate if the company's results are good news or bad news. If the industry standard for a similar company is 4.0x, what changes would your company need to make in order to achieve this level for it's Current Ratio as a target for next year?
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