Nike Inc. (NKE) Nike Inc. reports 2012 net operating working capital of \$3,931 million and 2012 long-term operating assets of \(\$ 2,666\) million.

a. Forecast Nike's 2013 net operating working capital assuming forecasted sales of \(\$ 25,819\) million, net operating working capital turnover of 6.44 times, and long-term operating asset turnover of 9.49 times. (Both turnover rates are computed here using year-end balances.)

b. Nike's long-term operating asset turnover rate is comparatively high. Can you suggest a possible reason given Nike's business model? Explain.