1. Based on the information in Nike's most recent annual report, answer the following questions: a. How much long-term debt does Nike report at the end of the most recent year presented? b. Does Nike have any bonds outstanding at the end of the most recent year? If so, read the supporting notes to the financial statements and determine: (1) The contract rate of interest on the bond issue(s). (2) The discount or premium on the bond issue(s). (3) The due date of the bond issue(s). (4) The total amount of any bonds that will mature within one year of the balance sheet date. 2. Based on your answers to the questions in requirement 1 , evaluate Nike's debt position. 1. Based on the information in Nike's most recent annual report, answer the following questions: a. How much long-term debt does Nike report at the end of the most recent year presented? b. Does Nike have any bonds outstanding at the end of the most recent year? If so, read the supporting notes to the financial statements and determine: (1) The contract rate of interest on the bond issue(s). (2) The discount or premium on the bond issue(s). (3) The due date of the bond issue(s). (4) The total amount of any bonds that will mature within one year of the balance sheet date. 2. Based on your answers to the questions in requirement 1 , evaluate Nike's debt position