Financial Management 1

StudyAcer homework Experts at a Glance, Save Time and Excel

Writer avatar
Dr.JamesPhD

Rating: 4.9/5    Reviews 373

Success rate 96%

Completed projects: 592

Hello, I am a full-time professional freelance writer with over 6 years experience in academic writing. I have a PhD in Strategic Management and have done several projects in business management, marketing and other subjects. This experience has helped me reinforce my ability to work in various fields and handle simple and complex topics. I am a...

Writer avatar
Dr.SUCCESS

Rating: 5/5    Reviews 1326

Success rate 100%

Completed projects: 1976

Hello :) My name is Dr.Success, I've started on my path as a professional writer mostly by writing essays. However, in the years since then, I've written various other academic papers, from research works to book reviews. From Sydney to New York, there are hundreds of students all over the world that are happy with the services I've provided the...

Writer avatar
MarvellousTutor

Rating: 5/5    Reviews 371

Success rate 99%

Completed projects: 1173

Hi there! Im MarvellousTutor, your perfect author with huge writing experience in English, Art and Business. What? Need assignment on another subject? No worries: I can deal with anything! If you're dreaming of the reliable, responsible and always-on-time writer, here I am! I manage my time greatly, thus, your deadline is highly important for me...

Writer avatar
Prof_Stephen

Rating: 4.7/5    Reviews 891

Success rate 99%

Completed projects: 1136

Hello there! My name is Prof Stephen. I have been a full-time freelance researcher and writer for a period of over 6 years. I have successfully completed over 1000 projects and assignments. I have had a good professional relationship with my clients who always come back for more quality papers since I highly value quality, professionalism, and i...

Writer avatar
Prof.TzKelly

Rating: 4.9/5    Reviews 244

Success rate 100%

Completed projects: 479

I'm ProfTzKelly, talented wordsmith, grammar afficionado, and writing machine. I'm written everything from outlines to screenplays and book reviews to advanced research papers. All you have to do to be well on your way to a great grade is chat with me! I'm experienced in all major styles, including APA, MLA, Chicago, Harvard, and Vancouver. You ...

Writer avatar
ProfAcer

Rating: 5/5    Reviews 465

Success rate 98%

Completed projects: 852

Hey! My name is ProfAcer, and my goal is to help you to get through a tough period of your life. I've been a student, and I know that the amount of work some professors expect you to do can be unfair and overwhelming. And that's without even accounting for the job you probably have an active social life each student should have. There is no sham...

Writer avatar
ProfessorEunice

Rating: 4.9/5    Reviews 412

Success rate 98%

Completed projects: 719

In academic writing, quality, originality, and deadlines are vital, and these are my primary offerings to all my clients. I have two years of experience as a full-time academic writer, with over 300 finance, economics, marketing, business, and general papers written from scratch. Since joining this site, I have also tackled sociology, healthcare...

Writer avatar
ProfWriters

Rating: 5/5    Reviews 482

Success rate 100%

Completed projects: 783

Hello, I am Prof Writers, I am a bold, accurate, and experienced tutor committed to providing clients with high quality, original, and timely work. As a writer, proficiency in several disciplines in academic writing is necessary, and that is why I prioritize on delivering quality and appropriate work. Be assured that I will always follow the lai...

Writer avatar
Think_Tank

Rating: 4.8/5    Reviews 319

Success rate 98%

Completed projects: 584

Hello! People call me ThinkTank, and I've been earning money as an academic writer for years. With a lot of works under my belt, you can bet that I've dealt with dozens of various topics and different forms of papers, including essays, research papers, and even dissertations. I like the challenge that comes with this job. I first fell in love wi...

Financial Management 1

Do Not Copy. Order Custom, Original Paper.

Financial Management 1 Assignment

 

This is a two-part assignment (essay and PowerPoint). Need By 7am on Friday: 

 

Assignment 1: Annual Report Review

A critical financial accounting skill is the ability to read, analyze, and to make actionable determinations from any financial statement. Business leaders gain valuable information from the analysis of their financial statements, the competitors’ financial statements, and comparison to industry averages.

The Situation

You are the CFO of an up-and-coming athletic company, which desires to someday become the #1 athletic company in the world. Strategically, the company uses Nike and Under Armour as their key competitor benchmarks. Your CEO is a big believer in learning from the competition and is requesting two things from you regarding Nike and Under Armour’s most recent annual reports.

Part One: The Executive Summary

No more than 2 pages (include an appendix with additional graphs, charts, and tables).

1) Competitor Strategies

Identify and explain one key strategy from each company that the company explicitly discussed in the annual report.

2.     2)  Net Income Margins

·         What are the net income margins for both companies?

·         How do they compare?

·         Who achieves the higher net income margin? Why?

·         Tip: Analyze the major cost structure line item in the income statement (COGS, SG&A,

interest, other, and taxes) as a percentage of net sales to identify reasons for better net income margins. Identify and comment on the differences you see. You may not know why a particular cost item like COGS is higher or lower, but your CEO only seems interested in knowing which cost structure items are higher or lower for each company.

3)  Inventory Management

·              Who has more inventory in terms of days of inventory last year?

·         What are their respective 3-year trends for days of inventory?

·         What does FIFO/LIFO mean, and which accounting approach does each of the companies use to value their inventory? (The accounting approach can be found in the Notes section.)

4) Cash is King

·         How much net cash from operations did each company generate last year?

·         In laymen’s terms, how is each company spending their cash with respect to reinvestments in the business, changes in debt, and returning money to shareholders?

5) Liquidity

·         How is the current ratio calculated?

·         How do the companies compare in terms of the current ratio, and what are their respective 3-year trends?

·         Does their current ratio indicate that either (or both) of these companies could go bankrupt soon? Explain.

 

 

 Please keep time 


Need help with writing Financial Management 1?

Get help


  • StudyAcer

    4.7/5
  • Trustpilot

    4.6/5
  • Sitejabber

    4.6/5

Please fill in the Order, to get Instant Homework Help


Attach files for the writers' reference