this is one part of a finance project with the instructions listed in image 1 and 2 as listed below, we are required to write minimum two pages about ratio analysis (as instructions stated in image 2) of the three firm (puma,nike , adidas) based on the analysis of financial statements(which i provided them in excel file for all of the 3 firms) and research of the companies from reliable resource such as wall street journal or anyother reliable sources. So, what is required in this part of the project is to answer what image 2 asked using ratio analysis based on financial statements and research about these companies to answer what attached image 2 require us to write with the sources we used. If i got a quality work i will provide tips.