1. Determine the following measures for the fiscal years ended May 31, 2015, and May 31, 2014. Do not round interim calculations. Round the working capital amount in part (a) to the nearest dollar. Round all other final answers to one decimal place. When required, use the rounded final answers in subsequent computations.

The financial statements for Nike, Inc., are available in Appendix E. The following additional information is available (in thousands):

Accounts receivable at May 31, 2013: $3,117 Inventories at May 31, 2013: 3,484 Total assets at May 31, 2013: 17,545 Stockholders equity at May 31, 2013: 11,081

1. Determine the following measures for the fiscal years ended May 31, 2015, and May 31, 2014. Do not round interim calculations. Round the working capital amount in part (a) to the nearest dollar. Round all other final answers to one decimal place. When required, use the rounded final answers in subsequent computations.

NIKE, Inc. Consolidated Statements of Income NIKE, Inc. Consolidated Balance Sheets May 31, Year Ended May 31. 2014 2015 2014 2015 2013 In monteret er det Income from continuing operations: Revenues $ Cost of 859 $ 2072 3:15 4337 30,601 $ 16.534 14.067 3,213 6,679 9.882 28 158) 4,205 932 3,273 27.790 $ 15.353 12.446 3,031 5.735 8.766 33 103 3,544 851 2,693 25,313 14,270 14 11,034 2,745 5,051 7.796 3 (15 () 3,256 805 2,451 21 2.472 1 180 3011 291 131 2.2011 21.600 S 2,220 2.02 3,04 3,947 956 818 13,600 24 282 131 1,451 18.504 Gross profit Demand creation expense Operating overhead expense Total seling and administrative expense Interest expense income), net (Notes 6, 7 and 8) Other income) expense, net (Note 17) Income before income taxes Income tax capan Note 9 NET INCOME FROM CONTINUING OPERATIONS NET INCOME FROM DISCONTINUED OPERATIONS NET INCOME Emmings per common share from continuing operations: Basic (Notes 1 and 12) Dilured (Notes 1 and 12) Esminga per common share from discontinued operations: Basic Notes 1 and 12) Diluted (Notes 1 and 12) Dividends declared per common share The accompanying Note to the Consolidated Financial Statements are an integral part of this statement $ S 3,273 $ 2,693 $ ASSETS .aste:| Ceah and equivale (Note Short-toeminent Note Account Note Inverter and 2 a Duded income Aesek egon end other contesto Meste Sand 17 Tot cewe Prasety, plant and equipment, etches Heredeiros, net Note 4 Gocce 4 Natu Dedemed come base and other marts (Notes 6, 8 and 17) TOTAL ASSETS LIABILITIES AND SHAREHOLDERS' EQUITY Current Current portion of long lomdobotte Notebote 71 Account patieNote Acord de 6.6 und 17) Incomean peynirlite 9 Total current bades Long-tambo be De income and other in Nord Redate predstock Note 109 Commitments and controles 10 Shareholders equity Corrmon stock atted value Note 11): Cha Acorwerthe-17 ind 170 g Close B-678 and 682 share outstanding Capital income of the welede Accumulated the comprehensive income (ce 141 Ratindamine Total shortics' TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY The companying to their Stomaton oportet s $ 3.BOS 3.70 $ 3.05 $ 2.97 $ 2.74 2.68 1078 74 2.131 8.961 71 6334 1.079 1.40 7 167 1.800 2.401 40 ber 1,100 1.544 - $ $ $ $ 0.03 $ 0.02 0.02 0.81 1.08 $ NIKE, Inc. Consolidated Statements of Comprehensive Income 6.773 1.246 4.685 12.07 21.600 5,868 16 4,171 10.824 18,504 $ Year Ended May 31, 2015 2014 3.273 $ 2,693 $ 2013 2.472 (20) 1.188 (32 (161) Net income Other comprehensive income (os.net of tec Change in net foreign currency translation adjustment Change in net gains fosses) on cash flow hedges Change in net gaine fosse on other Change in release of cumulative translation loss related to Umbro Total other comprehensive income foss, net of tax TOTAL COMPREHENSIVE INCOME (1) Notabenepol milion, 80 million and 15 milion,practively 2) Met of tax bonafterpose of891) million $18 million and $22 million, respectively Nato axbo milion 80 milioni miony 14 Met of tax bonoftforence of milion million and $47 million spectively The accompanying Motos to the Consolidated Financial Statements are an integral part of the statement 38 12 8 83 125 2,597 1.161 4.434 S (189) ) 2,504 $ S Fiscal Year Fiscal Year 2015 2014 a. Working capital (in millions) $ 9,642 $ 8,669 b. Current ratio 2.5 2.7 C. 1.5 1.7 d. 9.0 8.5 e. 40.5 days 43 days Quick ratio Accounts receivable turnover Number of days' sales in receivables Inventory turnover Number of days' sales in inventory Ratio of liabilities to stockholders' equity f. 4 4.1 g. 91.4 days 88.3 days h. 0.7 0.7 i. Asset turnover 1.5 1.5 j. 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, 16.40 % 15 % k. % % II. Return on common stockholders' equity 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, 2014 Percentage relationship of net income to sales please answer this! m. % %