Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

image text in transcribedimage text in transcribedPlease 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

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Basic Food And Beverage Cost Control

Authors: Jack E. Miller, David K. Hayes

1st Edition

0471579181, 978-0471579182

More Books

Students also viewed these Accounting questions

Question

Why is it important to have a code of ethics?

Answered: 1 week ago