Reference no: EM132643998
Below are selected balance sheet and market data for three shoe companies. ($ millions)
Company Company Year End Assets Liabilities
Number of shares outstanding (in millions) End of year stock price (per share)
Nike, Inc.May 31, 2016 21,396 9,138 1,682 $55.22
Skechers, USA, Inc.Dec. 31, 2016 2,394 708 155 $24.58
Caleres, Inc. Jan. 28, 2017 1,475 861 43 $32.82
Question 1: Calculate the market capitalization of each company.
Question 2: Calculate the market to book ratio for each company.
Question 3: Comment on differences you observe.