A spreadsheet containing financial statements for Nike, Inc., for fiscal years 2017–2020 is available for download from McGraw-Hill’s Connect or your course instructor (see the Preface for more information).

a. Use the spreadsheet to calculate as many of the company’s profitability, turnover-control, and leverage and liquidity ratios as you can for these years (see Table 2.4).

b. What do these ratios suggest about the company’s performance over this period?

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