Question: Using the most recent Form 10-K for both Nike and Under Armour complete the following requirements. Below are the required steps for each of the

Using the most recent Form 10-K for both Nike and Under Armour complete the following requirements.

Below are the required steps for each of the following ten ratios: Balance Sheet 1. Current ratio 2. Receivables turnover ratio 3. Inventory turnover ratio 4. Fixed assets turnover ratio 5. Return on assets ratio 6. Total assets turnover ratio Income Statement 7. Gross profit percentage 8. Net profit margin ratio 9. Earnings per share 10. Dividend yield ratio a. State the formula for each ratio. b. Explain the meaning of each ratio. What is the purpose of the ratio? What analytical questions can the ratio answer? c. Now, compute each ratio for each corporation for the most recent reporting year. Make sure to show the details of the computations in well-organized manner. d. Provide a numeric table in well-organized manner that shows the comparative ratio results for the corporations. e. Explain which corporation performed better for each ratio. Was the difference large? What was the main reason(s) for each corporations comparative performance?

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