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This is due tomorrow and will need by 9pm Arizona time Wednesday. Hope to get done ASAP, plz look at attachment it is all explained.
This is due tomorrow and will need by 9pm Arizona time Wednesday. Hope to get done ASAP, plz look at attachment it is all explained. Good tip for someone who takes $$$.
For this assignment, apply the next three steps of the nine-step assessment process detailed in Assessing a Company's Future Financial Health (i.e., Step 5: External Financing Need, Step 6: Target Sources of Finance, and Step 7: Viability of 3-5 Year Plan) to compose further assessment of the company/competitor pairing analysis as below: MY two companies are Nike and competitor is Under Armour. These are the questions below: 1.Current financial plan. Interpret current equity valuations in order to recommend strategic solutions regarding future financial goals. Consider how stock splits and stock dividend allocations can impact the plan. 2.Future external financing needs. To support growth, companies need capital, and external financial needs are vital any firm's future success. Describe external financing needs sufficient to support your ongoing analytical assumptions and pro forma financial statements for your chosen company and competitor. 3.Access to target sources of external financing. You will need to consider the amount of financing, timing, length of time required, and deferability of financing options. 4.Viability of a 3-5 Year Plan. Assess the consistency of the plan with the firm's goals, and the achievability of both the operating plan and the financing plan you are proposing. 5 year plan income statement is available below of nike and under armour if this will help you a bit. Thank you for your time. Nike Pro forma for financial statements Income statement Revenue Cost of goods sold Gross profit Selling Admin & Marketing expenses Total operating cost including COS EBIT Income taxes expenses Net Income 2016 33,661 17,691 15,970 11,030 28,721 4,940 1,482 3,458 2017 37,027 18,930 18,097 12,298 31,228 5,799 1,740 4059 2018 40,730 20,255 20,475 13,712 33,967 6,763 2,029 4734 2019 44,803 21,673 23,130 15,289 36,962 7,841 2,352 5489 2020 49,283 23,190 26,093 17,047 40,237 9,046 2,714 6,332 Under Amour Income statement projection Revenue Cost of goods sold Gross profit Selling Admin & Marketing expenses EBIT Income taxes expenses Net Income 2016 4359 2201 2158 1669 489 147 342 2017 4795 2355 2440 1861 579 174 405 2018 5275 2520 2755 2075 680 204 476 2019 5802 2696 3106 2313 793 238 555 2020 6382 2885 3497 2580 917 275 642 Nike Inc Balance sheet pro forma Cash & cash equivalent Available for sale securities 2016 4237 2279 2017 4661 2507 2018 5127 2757 2019 5640 3034 2020 6204 3337 Cash and shorterm investments Accounts recievable Inventories 6516 3694 4771 7168 4063 5248 7168 4469 5772 15052 4916 6350 23726 5408 6985 Defered Tax Assets Net of valuation allowance Prepaid expense Total Current assets Equipment/property/plant Goodwill net Intagible assets Defered Tax Assets & Other noncurrent assets Total assets LIABILITIES Accounts payable Accrued liabilities Long-term Debt, Current Maturities Accrued Income Taxes, Current TA Total current liabilities long-term debt Defered income taxes Total liabilities Under Armour Balance sheet Balance sheet Cash and cash equivalent Cash and short term investment total Accounts receivable inventorires Defffered tax asset prepaid expense Total Assets current Equipment/property Goodwill net intagible assets Deffered tax asset other assets Total Assets shoet term liabilities Acccounts payable Accrued liabilities Long Term Debt current maturities lo Other liabilities total current liabilities Long term debt Other long term liabilities total long term liabilities 470.69 2164.8 24132.49 3312.1 131 289 2421.1 30285.69 517.76 2381.28 26546.04 3643.31 131 312 2663.21 33295.56 569.53 2619.41 28481.94 4007.64 131 325 2929.53 35875.11 626.49 2881.35 38499.84 4408.41 131 336 3222.48 46597.73 689.14 3169.48 49518.62 4849.25 131 347 3544.73 58390.6 2344.1 4346.1 192 117 6999.2 1186.9 2578.51 4780.71 201 123 7683.22 1305.59 2836.36 5258.78 210 167 8472.14 1436.15 3120 5784.66 217 189 9310.66 1579.76 3432 6363.13 223 205 10223.13 1628 2814.9 1790.8 3096.39 1969.88 3406.03 2166.87 3746.63 2383.55 2383.55 2016 143 143 477.4 861 2017 157.3 157.3 525 947 2018 173.3 173.3 577 1042 2020 209 209 699 1261 58.3 64.13 167.2 183,92 3865.9 3867.73 592.9 652717.41 643.5 707.85 83.26 91.58 101.2 113.32 86.9 95.59 1507.76 653725.75 70.54 202.31 4256.45 789.15 778.63 100.74 122.45 115.67 1906.64 2019 190 190 636 1146 77.5985.3 7 222.54 4403.54 868.06 856.5 110.82 134.7 127.23 2097.31 93.89 244.8 4736.69 954.87 942.15 121.9 162.98 139.95 2321.85 242 266 233.53 256.89 50.82 55,92 52.51 57.77 578.86 580.66 425.92 468.51 447.7 492.47 873.62 960.98 292.82 282.57 61.49 63.54 700.42 515.37 541.72 1057.09 354.31 310.83 67.64 69.9 802.68 566.9 595.89 1162.79 220 212.3 46.2 47.74 526.24 387.2 407 794.2Step by Step Solution
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