Sports finance (financial statements)
Description
Instructions
Obtain the annual financial statements (i.e., balance sheet, income statement, statement of cash flows) of a publicly traded sport company. This project will educate you on the process of locating public information on publicly traded companies such as Under Armour. Discuss what the various statements tell you. Think of yourself as a possible investor.
After obtaining the statements, financially analyze a sport-related publicly traded company such as Nike using financial information from the 10-K annual reports and 10-Q quarterly reports. Ultimately, if you had money to invest, based on the financial information, would you invest in the company? Why, or why not?
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