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6.2. Nike Inc. reported the following 2018 financial statement excerpts in millions): Sales revenue Operating income Net income Total assets Total shareholders' equity $31.866 4.772
6.2. Nike Inc. reported the following 2018 financial statement excerpts in millions): Sales revenue Operating income Net income Total assets Total shareholders' equity $31.866 4.772 4,020 23,717 9.00 The athletic apparel industry reported the following 2018 returns on investment and their component mesures Return on Assets Return on Assets Operating Profit Margin Asset Turnover 13.6% 9,3% 1.45X Return on Equity Return on Equity 19.24 Net Profit Margin Asset Turnover Financial Leverage 7.87% 1.45X 1.74 Introduction to Accounting and Finance Required: Compute Nike's returns on investment and analyze its result against industry norms. Return on Assets Return on Assets Operating Profit Margin Asset Turnover Return on Equity Return on Equity Net Profit Margin Asset Turnover Financial Leverage
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