Question: Key comparative figures ( $ millions) for both NIKE and Reebok follow: NIKE Reebok Required: a. What is the total amount of assets invested in
Key comparative figures ( $ millions) for both NIKE and Reebok follow: NIKE Reebok Required: a. What is the total amount of assets invested in (a) NIKE and (b) Reebok? b. What is the return on investment for (a) NIKE and (b) Reebok? NIKE's beginning assets equal $5,361.2 (in millions) and Reebok's beginning assets equal $1,786.2 (in millions). c. How much are expenses for (a) NIKE and (b) Reebok? d. Is return on investment satisfactory for (a) NKKE and (b) Reebok (assume competitors average a 4\% return)? e. What can you conclude about NIKE and Reebok from these computations
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