Task
Consider the annual reports of Nike and Adidas for a period of 4 years. Using the different financial ratios, we covered in this course you are required to 1) critically evaluate the financial statements individually across the 4-year period and cross-sectionally and identify their main strengths and weaknesses, and 2) make recommendations for future improvement.
Note: Students are expected to comment on the change of company financial performance (income statement) and position (balance sheet) during the 4-year period of examination by looking at the main accounts and how they have changed (information may be taken from the notes to the accounts). The aim of this assignment is to familiarize students with the information content of annual reports.
Formalities:
• Cover, Table of Contents, References and Appendix are excluded of the total word count.
• Font: Arial 12,5 pts.
• Text alignment: Justified.
• The in-text References and the Bibliography have to be in Harvard’s citation style.
Weight: This task is 60% of your total grade for this subject.
Tips to achieve the highest success
• The answers should be clear and well presented
• There should be no mathematical errors, you have adequate time to do this properly.
• Show real understanding in any open questions.
• There are marks for presentation
This task assesses the following learning outcomes:
• Financial statement analysis
• Income statement
• Balance sheet
