Ratio Project -

You are required to complete the following and then uploaded this completed Word document.  You may work together but the work you submit must be your own. 

Part A: Compute the ratios for both Nike and Under Armor for 2016 and fill in on the appropriate lines below.

Part B: Using the relevant ratios from below, discuss the main differences inthe overall profitability/strategy between Nike and Under Armor?

Liquidity Ratios -

1. Current Ratio: Nike: ______; Under Armor: ______  

2. Acid-Test Ratio: Nike: _________; Under Armor  _______    

3. Accounts Receivable Turnover: Nike:  ______;  Under Armor  _______           

4. Accounts Receivable Turnover in Days: Nike:  _______;  Under Armor  _______         

5. Inventory Turnover: Nike:  _________;  Under Armor _______          

6. Days Inventory Held: Nike:  _________;  Under Armor _______        

7. Accounts Payable Turnover: Nike _______; Under Armor _______   

8. Accounts Payable Turnover in Days Nike :_______; Under Armor _______   

9. Operating Cycle:   Nike :_______:  Under Armor _______      

Profitability Ratios -

10. Gross Profit Margin: Nike:  _______:   Under Armor _______            

11. Net Profit Margin: Nike:  ______; Under Armor _______     

12. Return on Total Equity: Nike:  _______ Under Armor _______          

13.  Return on Total Assets:  Nike:  ________;  Under Armor _______  

14. Asset Turnover:  Nike:  ________; Under Armor _______   

Long-Term Debt Ratios -

15. Debt Ratio:  Nike:  ________; Under Armor _______            

16. Debt to Equity Ratio:  Nike:  _____; Under Armor _______

Attachment:- Assignment Files.rar