Question
ACCOUNTING Use Nike's most recent 10-K reports from www.sec.gov Edgar system to answer the following questions. (Do not use abbreviated financial statements from a financial
ACCOUNTING
Use Nike's most recent 10-K reports from www.sec.gov Edgar system to answer the following questions. (Do not use abbreviated financial statements from a financial website; you will need the Notes to the Financial Statements.)
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DO NOT USE AN AI SUCH AS ChatGPT TO ANSWER, WILL THUMBS DOWN
THIS IS FOR NIKE, USE Nike's most recent 10K reports please.
I cannot post most recent Nike's 10-Ks here, please find them on the SEC website Edgar system.
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Long-term liabilities questions:
-Find the note that provides detail about Long-term debt, including the types of long-term debt the company has, interest rates, maturities, etc. Give a short summary of the companys Long-term debt, and copy the part of the note that enumerates amounts and rates into your response.
-Do the interest rates on the various obligations differ? Why is that so?
-What cash flow obligations will the company have related to the repayment of these liabilities over the next 5 years? Are any provisions being made (e.g., sinking funds)?
-Compute relevant ratios to analyze the quality of the debt. Clearly identify the formulas and the amounts used in the computations. Do any problems seem to exist for the company regarding its obligations?
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