Unit: Student Name: Course: Instructor: Date: The purpose of this study is to analyze and interpret the financial statements of the company. The financial statements e.g. the balance sheets and the income statements give us the information about the financial position of the company. The information is used to estimate the worth of the company through valuations. For instance the amounts of the cash inflow and outflow will be compared so as to outline the major findings and the financial state of the company. It is important to note that our focus company is NIKE Inc and all these analyses and evaluations will be done based on the financial year 2016. In this study an analysis of the income statement and the balance sheet of NIKE Inc will be made so as to estimate the worth of the company. An extensive exploration of the background of the company its to remain relevant and keep in touch with the technological dynamics in the industry. The company receives a lot of revenues an indication that it has a lot of customers and the company is profitable. The liquidity ratio shows that the company can meet its short-term obligations and a positive working capital means that the company can finance its operations. The leverage and the ability of the firm to retain funds are also appealing. Indeed NIKE Inc is has undergone a paradigm shift in the industry. References About Nike - The official corporate website for NIKE Inc. and its affiliate brands.. (2017). About.nike.com. Retrieved 24 March 2017 from about.nike.com Growth Profitability and Financial Ratios for Nike Inc B (NKE) from Morningstar.com. (2017). Financials.morningstar.com. Retrieved 24 March 2017 from financials.morningstar.com NKE Income Statement. (2017). NASDAQ.com. Retrieved 24 March 2017 from www.nasdaq.com B. Braentner L. & Towery E. (1993). Financial Statement Analysis. New York: Wiley. [...]
In this assignment you will learn how to analyze and interpret financial statements.. Locate an annual report or a business plan that contains financial statements for the company NIKE and focus on the income statement and balance sheet. From this information you will estimate the worth of the company through valuation. In this 3 page paper, you will explain your interpretation of the company’s financial position as displayed through the income statement and balance sheet for the time period being assessed. If industry averages are available use them to assist you in your assessment by utilizing financial ratios. This paper is your opinion based upon and substantiated by the research you have conducted. Remember you must cite your sources at least two times in the paper and you must use APA. Be sure you have an abstract, introduction, an analysis and a conclusion. The questions and comments below are designed for you to read and consider before turning in your work. Also, further information can be found in articles, and other online references such as Yahoo Finance or Google Finance. See the APA Resource attachment under Course Documents for APA Citation Guidelines, and keep in mind Wikipedia is not an academic resource. Your paper will answer the following issues (not necessarily in this order):• Briefly provide background information regarding the company. • Do you feel the company’s revenues are sufficient, relative to their expenses? • Are the company’s assets sufficient, relative to their liabilities? • What is the basis for your position?Introduction (20 Points)Does the introduction explain what the paper is about? Analysis (40 Points) Does the paper cover the above assigned tasks?Conclusion (20 Points)Process, Punctuation and Grammar (20 Points)Are all of the words spelled correctly?Are the correct words used?Is the wording smooth to read?Does the paper follow APA Guidelines?Is the paper interesting?