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) select 2 Nike and Underarmour 2) read the 2020 and 2021 Annual Reports for each company; 3) review and analyze the balance sheet and

) select 2 Nike and Underarmour 2) read the 2020 and 2021 Annual Reports for each company; 3) review and analyze the balance sheet and income statement for each 4) prepare a memo sharing your observations on each company. Discuss earnings per share, share buyback programs, dividends, inventory, growth projections, leverage, competition, corporate leadership, etc. Share your observations as an individual consumer if applicable. 5) Give a recommendation as to which company you expect to be more profitable going forward. Would you invest in either of these companies? 6) Think critically about these companies. Are they takeover targets, do they borrow heavily, under what conditions might they have difficulty borrowing, are they in growth mode or in a mature industry, etc. I am looking for you to share your insights and observations based on concepts and material

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