Required: Use the financial statements in your Nike 10-K for Fiscal 5/31/19, and download the Nike 10Q for the three months ended August 31, 2019, and Adidas's 2018 annual Financial Statements and half year Financial Statements as of June 30, 2019, to answer the questions below. You must show all vour calculations that support vour answers. Write the numbers and calculations in the boxes provided. To come up with averages you are going to need to get the Balance Sheet for Nike at May 31, 2017, and Adidas for 2016. You will find this financial information on their website in the investor's relations section. Make sure you compute the ratios from their financial statements. If you just copy them from a website like Google you will get the wrong numbers since they are based on more current financial information. This assignment is mandatory and cannot count as the one we drop. You can do this in teams of 2. 9 Calculate Adidas's average collection period for 2018 and 2017 10. Has Nike's average collection period improved since FYE 5/31/18? Are they doing better than Adidas? 11. Calculate Nike's days in inventory for FYE 5/31/19 and FYE 5/31/18. 12. Calculate Adidas's days in inventory for 2018 and 2017. 13.Has Nike's days in inventory improved since FYE 5/31/182 Are they doing better than Adidas? 14. Calculate Nike's asset turnover ratio for FYE 5/31/19 and FYE 5/31/18 Required: Use the financial statements in your Nike 10-K for Fiscal 5/31/19, and download the Nike 10Q for the three months ended August 31, 2019, and Adidas's 2018 annual Financial Statements and half year Financial Statements as of June 30, 2019, to answer the questions below. You must show all vour calculations that support vour answers. Write the numbers and calculations in the boxes provided. To come up with averages you are going to need to get the Balance Sheet for Nike at May 31, 2017, and Adidas for 2016. You will find this financial information on their website in the investor's relations section. Make sure you compute the ratios from their financial statements. If you just copy them from a website like Google you will get the wrong numbers since they are based on more current financial information. This assignment is mandatory and cannot count as the one we drop. You can do this in teams of 2. 9 Calculate Adidas's average collection period for 2018 and 2017 10. Has Nike's average collection period improved since FYE 5/31/18? Are they doing better than Adidas? 11. Calculate Nike's days in inventory for FYE 5/31/19 and FYE 5/31/18. 12. Calculate Adidas's days in inventory for 2018 and 2017. 13.Has Nike's days in inventory improved since FYE 5/31/182 Are they doing better than Adidas? 14. Calculate Nike's asset turnover ratio for FYE 5/31/19 and FYE 5/31/18