1.Find the financial statements for 2 related/similar companies (Nike and reebok) and calculate the following ratios for each (note whether a particular ratio is not applicable):
· Current Ratio
· Acid-Test Ratio
· Debt Ratio
· Equity Ratio
· Accounts Receivable Turnover
· Days Sales uncollected
· Inventory Turnover
· Days Sales in Inventory
2.Write a paragraph describing the difference between the two companies for 3 of the ratios calculated.
3.Prepare common-size and trend percentages for the income statements for each company.
4.Write a brief (minimum 3 paragraphs) analysis and comparison of the income statement items and differences between the two. Be sure to explain why the common-size statement is helpful in this analysis.