Based on publicly available official financial statements you seek out and provide, quantify and compare the positions of two sport-related companies in terms of liquidity, activity, financial leverage, and profitability.

For each area of comparison, calculate the appropriate ratio, indicate which company is in a stronger position, and briefly explain your rationale.

INSTRUCTIONS

• The written text should be 2-3 pages in length.

o The page count excludes the title page, abstract, reference list and any appendices.

• Use the most current edition’s APA formatting guidelines.

• Attach the financial statements you use- only the financial statements used, no full annual reports, no links- as an appendix.

• Attach an Excel spreadsheet with your ratio calculations clearly presented as an appendix.

• Support your work with a minimum of three sources that you formally cite and list.

• The sources should be high quality, relevant and come from outside of the course materials. You may use and cite the course text, but you are required to use and cite three sources in addition to the course text.

Answer rating: 100% (QA)

Ratio analysis is a quantitative method of gaining insight into a companys liquidity operational efficiency and profitability by studying its financial statements such as the balance sheet and income ... View the full answer