Although most of this course is concerned with the financial statements themselves, all sections of a company’s annual report are important. A company must file various reports with the SEC, and one of these, Form 10-K, is essentially the company’s annual report. The requirements below ask you to investigate sections of Nike’s annual report that explain various nonfinancial aspects of its business operations.

To obtain the Form 10-K you can use either the EDGAR system following the instructions in Appendix A or the company’s website.

Required

a. In what year did Nike begin operations?

b. Other than athletic shoes, what products does Nike sell?

c. Does Nike operate businesses under names other than Nike? If so, what are they?

d. How many employees does Nike have?

e. In how many countries other than the United States does Nike sell its products?