Concordia College Sports Accounting Worksheet

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Concordia College Sports Accounting Worksheet

Business Finance, Concordia College

Concordia College Sports Accounting Worksheet

Description

Q4. If you were a bank manager or other investor considering a request to loan money to either Nike or a competitor, to which company would you choose to provide a loan? Explain and support your answer. use the attached file below to see the financial statement for the companies.

Debt Ratio
- Nike = 61.9%
- Under Armour = 55.6%
EBIT
- Nike = 98.98
- Under Armour = Interest Coverage Ratio
- Nike =
- Under Armour =

Link to UnderArmour Statements in 2019:

https://www.sec.gov/Archives/edgar/data/1336917/000133691720000010/ua-20191231.htm#ia59c9d23542e4b489dc58de46d9acdd9_127

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