solved: The financial statements for Nike Inc are presented

in Appendix
solved: The financial statements for Nike Inc are presented in Appendix
The financial statements for Nike, Inc., are presented in Appendix E at the end of the text. The
following additional information is available (in thousands):Accounts receivable at May 31, 2013
......................... $
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nike-inc-are-presented-in-appendix
solved: The financial statements for Nike Inc are presented in Appendix
The financial statements for Nike, Inc., are presented in Appendix E at the end of the text. The
following additional information is available (in thousands):Accounts receivable at May 31, 2013
......................... $ 3,117Inventories at May 31, 2013 .................................... 3,484Total assets at
May 31, 2013 .................................... 17,545Stockholders' equity at May 31, 2013
........................ 11,081Instructions1. Determine the following measures for the fiscal years
ended May 31, 2015, and May 31, 2014. (Round ratios and percentages to one decimal
place.)A. Working capitalB. Current ratioC. Quick ratioD. Accounts receivable turnoverE.
Number of days' sales in receivablesF. Inventory turnoverG. Number of days' sales in
inventoryH. Ratio of liabilities to stockholders' equityI. Asset turnoverJ. Return on total assets,
assuming interest expense is $28 million for the year ending May 31, 2015 and $24 million for
the year ending May 31, 2014K. Return on common stockholders' equityL. Price-earnings ratio,
assuming that the market price was $101.67 per share on May 29, 2015, and $76.91 per share
on May 30, 2014M. Percentage relationship of net income to sales2. What conclusions can be
drawn from these analyses?View Solution:
solved: The financial statements for Nike Inc are presented in Appendix
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nike-inc-are-presented-in-appendix

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