Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The financial statements of adidas (DEU) and Puma (DEU) are presented in Appendices B and C, respectively. The complete annual reports, including the notes to

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

The financial statements of adidas (DEU) and Puma (DEU) are presented in Appendices B and C, respectively. The complete annual reports, including the notes to the financial statements, are available online. Click here to view Appendix B Click here to view Appendix C (21) Use the companies' financial information and compute the debt to assets ratio and the times interest earned ratios for these two companies. (Round answers to 2 decimal places, e.g. 15.25 or 15.25%.) adidas Puma Debt to asset ratio % % Times interest earned ratio times times Specimen Financial Statements adidas AG Constitial Strental anarid raita (IFETI [s in railfans) de S.2006 Das schein Dubad and places 1.31 Shaw 248 US CENTER 221 " 5 44 795 VE HE few 71 11 20 CIRI RC MHM Total current 813 LECE RE Preports plated Tests 11.11 2.0 14 12:45 2 805 31 15 22 39 Legal Dec www TENDERS Total sura ne 94 X 108 Nee BIU 11.1 Sacs decade DE GENER 30 132 10 35 424 CA GI BE 634 4,28 RE OLTEN DENTEN Totalcar les LI Corred. 431 20 24 25 ple ie HE 04 50 illa Total 85 33 1.718 24 41.1 244 fal TE 5. . C 1 Total quality HE 20' 56 Tatallatilisaisally 14.01 TESTI , ** " " " " " ( Didated BETRIP Ne Yener Yard De Change 21 Cest Gressyr IN Balty and exceX Donating here APP 12 YTI M 21 8. 4 IN Napelem 27 12 (Xove) Gender 0 OP *** 54 WAS ! Sandra (Nadal Departa s ces Mandal . 43 47 .nas del SEP LO 06 OXohan before Net income froting operativas News dicemedarbetax 3 4 1st APP 1. 2 LT TA 3 1,105 sah AVT88 Nome do hacen 8.668 Motinente attricies necandling Besonders beperk and carroceria EC BLOTROS PRODUTOS Desde el celupe 8 5:43 72 8:40 Net ir ar les 1, 31 2 . 21 Candated Statement of Comprehensive come in mana Nate Younding De Vear song, 1.14 Hemsafather gressive ince that will be relewife belly to profiter les 44444) (14.914, 14 la S co Stelschregaty (IMES.stoltes 10 Subtotal of mother congrehensive income that will not be reclaimed wabaently pedit carica hems of other content that will be reclified to profitar lhe pode conditioners met , at fan triprint ter: larien learnee ips, #R

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

Managerial Accounting Creating Value In A Dynamic Business Environment

Authors: Ronald W Hilton

6th Edition

0071113142, 978-0071113144

More Books

Students also viewed these Accounting questions

Question

=+b) Would the consultants information be useful? Explain.

Answered: 1 week ago

Question

Discuss the goals of financial management.

Answered: 1 week ago