As a part of daily routine of equity research, we constantly select a public firm and evaluate its financial health as well as the cost of capital. This project requires you to choose a publicly traded firm that you are interested in. Using the firm’s financial statements (10K Annual Report) filed with the SEC and your own research, complete the following:

Firm Name: Nike

1. Calculate historical financial ratios from the financial statements of the firm for the past three years. You should compute a variety of ratios that assess the financial health of different aspects of the firm (i.e., short-term solvency, long-term solvency, asset management, profitability, and market value).