Discuss the profitability of Nike vs Under Armour

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Question - Find the 2018 financial statements for Nike and Under Armour. For each company, navigate to the company's website then to "investors" or "investor relations" and "2018 annual report," and locate their 2018 balance sheet.

Calculate the following profitability ratios:

Return on Assets

Asset Turnover

Gross Margin

Return on Common Shareholders' Equity

Discuss the profitability of Nike vs. Under Armour based on these ratios.

Reference no: EM132631143

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