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6. Use Nikes financial statements and calculate free cash flows and ratio of free cash flow to sales. Is Nikes Free cash flow position improving

6. Use Nikes financial statements and calculate free cash flows and ratio of free cash flow to sales. Is Nikes Free cash flow position improving or declining between 2016 and 2018 (comment/explain)? 2018 2017 2016 Cash flows from operating activities: Cash used to purchase property, plant, and equipment:

Sales Free cash flow:

Ratio of free cash flow to sales:

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