Nike-Adidas Cash Flow
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Nike, Inc. and Adidas-Salomon are ranked as the first and second most dominant companies in the footware and sporting apparel and equipment industry. This paper will examine their cash flows, based on the most recent financial data from their web sites. The assets section shows the amount of cash they have earned, and the liabilities and equity list their debts and the amount they owe. The most recent operating financial information from Nike are from the financial year ending February 28, 2005 (www.nikebiz.com). The statement lists current assets as $6,198,700,000 dollars, of which $1,222,500,000 are cash and equivalents, and $418,300,000 are from short-term investments. They have fulfilled but not been paid for orders of goods amounting to $2,304,900,000. They have $1,727,000,000 tied up i
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Some common words found in the essay are:
Inc Adidas-Salomon, Story Balance, current assets, Overview Accessed, cash equivalents, cash cash equivalents, cash cash, property plant, net cash, property plant equipment, plant equipment, short-term borrowings, accounts payable, current liabilities, increase decrease,
Approximate Word count = 552
Approximate Pages = 2 (250 words per page)
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