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The company is NIKE and the year is 2017-2018 You are the newly appointed treasurer and your partner is the newly appointed controller of your

The company is NIKE and the year is 2017-2018 You are the newly appointed treasurer and your partner is the newly appointed controller of your company. In order to learn more about your company, you have decided to analyze the companys financial performance over the last 2 years. To do this, you have decided to calculate the following ratios for the companys 2 most recent years in the noted categories:

  1. Profitability Ratios
    1. Gross Margin Percentage
    2. EBIT Margin Percentage
  2. Resource Management Ratios:
    1. Age of Inventory
    2. Age of Accounts Receivable
    3. Age of Accounts Payable
  3. Liquidity Ratio:
    1. Current Ratio
  4. Leverage Ratios
    1. Debt-to-Assets Ratio
    2. Debt-to-Equity Ratio
    3. Interest Coverage

In addition, you have decided to evaluate the Return on Equity (ROE) of the company by calculating the DuPont Ratio, including the Profit Margin, Asset Turnover, and Financial Leverage Ratios.

Required

As a member of a team, you will produce a 57-page paper that will show your calculations of each of these ratios for the companys 2 most recent years. In addition, you will provide a brief analysis of each of the ratios. You will also provide a brief evaluation regarding the companys performance as it relates to the four categories listed above, plus the DuPont Equation. Finally, you will discuss how these ratios will help you make appropriate financial decisions as they relate to your role as a financial manager, and also assist in achieving the firms financial management goals.

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