Accounting Balance Sheet Analysis

Analyze at least 3 (three) items on the balance sheet for each company (Nike and Under Armour) that would be important to an investor and or user of the financial information, and discuss whether each company’s performance related to these items appeared to be improving, deteriorating, or remaining stable over the two years. Justify your answer.

Your analysis must include page references to relevant portions of the annual reports, and the
relevant portions of the annual reports must be highlighted. Your report must also contain
appropriate quotation marks for quoted material and appropriate references for material taken
from sources outside the financial statements.

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