Assignment: Nike Finance and Operations
Your assignment is to analyze current financial ratios for a given business. 1. Think of a specific business you find interesting. (Nike) 2. Search the web for that business’ “Financial Statement.” (You will find many hits for the data.) 3. Select the http://www.morningstar.com/ site offering your company’s financial statement. 4. You will now see a number of financial ratios for your company. Below is an example for Apple: http://financials.morningstar.com/ratios/r.html?t=AAPL 5. Now, define the following ratios, note the ratio for your business, and explain what the ratio means for the business moving forward: a) Return on Assets b) Return on Equity c) Return on Capital d) Gross Margin e) SG&A Margin f) Current Ratio g) Quick Ratio h) Total Debt/Equity i) Total Revenue j) Gross Profit Here are some additional resources: Apple (Return on Assets): https://ycharts.com/companies/AAPL/return_on_assets Ratios: https://www.stock-analysis-on.net/NASDAQ/Company/Apple-Inc/Ratios/Profitability/Quarterly-Data#Ratios-Summary Use the following guidelines: Use APA format with a title page, in-text citations and references. No abstract required. Research and cite at least 2 credible sources in APA format.