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Please write short analysis of both pictures and answer the question on top Do they obtain capital by borrowing heavily or not? Look at their
Please write short analysis of both pictures and answer the question on top
Do they obtain capital by borrowing heavily or not? Look at their total assets to total liabilities, short-term liquidity, and long-term solvency. Liquidity Current ratio: Current assets/current liabilities Current ratio for Nike in 2020: 20,556/8,284= 2.481 Current ratio for Nike in 2021: 26,291/9,674= 2.718 (analysis of what this means here) Do they obtain capital by borrowing heavily or not? Look at their total assets to total liabilities, short-term liquidity, and long-term solvency. Liquidity Current ratio: Current assets/current liabilities Current ratio for Adidas in 2020: 12154/8827=1.377 Current ratio for Adidas in 2021: 14,136/9,161=1.543 (analysis of what this means here)Step by Step Solution
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