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Assume that total assets, total stockholders' equity, and total common stockholders' equity at the beginning of 2 0 2 0 are $ 2 3 ,

Assume that total assets, total stockholders' equity, and total common stockholders' equity at the beginning of 2020 are $23,717 million, $9,040 million, and $9,040
million, respectively. Nike's dividends on preferred stock were $30,000(SO.03 million) in 2020 and 2021. The market price of Nike's stock at the end of its fiscal year was $98.58 in 2020 and $136.46 in 2021.
1. Compute the following profitability measures for 2020 and 2021. Round measures (a),(b),(c), and (d) to one decimal place. Round all others to two decimal places.
Asset turnover
Return on total assets
Return on stockholders' equity
Return on common stockholders' equity
Earnings per share on common stock
Price-earnings ratio
Dividends per share
Dividend yield
2. Based on these measures, evaluate Nike's profitability.

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