Question

Locate the balance sheet of a publicly-traded corporation online in its annual report (10-K). Identify your company in the title of your discussion and answer the following questions: What were the total current assets this year and last year for the company you chose? What were the total current liabilities this year and last year for the company you chose? Calculate the Current Ratio for this year and last year for the company you chose. Analyze your company's current ratio (is it good/bad; how does it compare to the prior year, etc.) Include a link to the URL from which you located the company's annual report. In your replies to your classmates, compare your company's Current Ratio to their company's Current Ratio. Report which company has the better ratio and why. What are some factors you believe affect the ratio?

Answer 1

Answer:

the publicly traded company , I opted for is NIke Inc, and required data is for 2016 and 2015:(All values are in million dollar)

1. total current assets : 2016 =15025

                                           2016 = 15587

2.total current liabilities: 2016 = 5358

                                           2015 = 6332

3.Current Ratio = ( total current assets/total current liabilities)

         2016 = 2.804

          2015 = 2.462

4. As the current ratio is more than one , it will be considered as good. And also it improved further in 2016 when compared with 2015.