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Answer the following question based on the brand Nike Calculate the most recent inventory turnover, days sales outstanding (DSO), days to pay, fixed assets turnover,
Answer the following question based on the brand Nike
Calculate the most recent inventory turnover, days sales outstanding (DSO), days to pay, fixed assets turnover, and total assets turnover. How does Nike utilization of assets stack up against other firms in the industry?
Inventory turnover= Cost of Goods Sold/Inventory
Days to pay= Account Payables/ (Cost of Goods Sold/365)
DSO=Average collection period=Account Receivables/(Credit Sales/365)
Fixed assets turnover= Sales/Net fixed assets
Total assets turnover= Sales/Total assets
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