Using Adidas website, financial statements and Annual Report for 2019 or 10-k complete the information below providing company specifics:

Unfortunately, I am not able to add the link to the pdf but a quick google search of Adidas 2019 annual report will lead you to the pdf.

Balance Sheet ( in millions)

Current Assets:

Long Term Assets:

Total Assets:

Current Liabilities:

Long Term Liabilities:

Equity:

Income Statement ( in millions)

Revenue:

Cost of Goods Sold:

Operating Expenses:

Tax Expense:

Depreciation Expense:

Net Income/Loss:

Earnings Per Share:

Statement of Cash Flows ( in millions)

Cash From/To Operations:

Cash From/To Investing:

Cash From/To Financing:

How does your company value inventories (e.g., LIFO/FIFO/WA)? What does this mean?

What is your companys inventory turnover? How does it compare to the the industry standard for your company? Note: you will have to find the industry standard Explain.

What is your companys gross profit margin? How does it compare to the the industry standard for your company? Note: you will have to find the industry standard. Explain.

Does your company claim to be sustainable? Do you agree with this claim? Explain.

What does management say about internal controls in the annual financial reports? Do you agree with the statements? Why, or why not?

Read the financial statement footnote that describes the companys cash and cash equivalents. List those and explain what they represent.

Where does most of the companys cash come from Operations, Investing or Financings? Is this evidence of a strong business? Why, or why not?