Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Based on Nike, Inc and their EDGAR 10k reports over the last three years. The 16th tab in your Financial Statement Analysis Template must be

Based on Nike, Inc and their EDGAR 10k reports over the last three years. The 16th tab in your Financial Statement Analysis Template must be labeled Projected Income Statements. Three years of projected statements should be included, starting with the most recent year after the companys last issued report. o The 17th tab in your Financial Statement Analysis Template must be labeled Projected Balance Sheets. Three years of projected statements should be included. Three years of projected statements should be included, starting with the most recent year after the companys last issued report. o The 18th tab in your Financial Statement Analysis Template must be labeled Projected Statement of Cash Flows. Three years of projected statements should be included, starting with the most recent year after the companys last issued report. Other information relating to projected tabs: Projections should be based on research performed on your company and its industry. Use historical, trend, ratio data and current and future economic projections as well as information from the companys MD&A to aid in preparing projections. Clearly state your assumptions in a text box at the bottom of each tab. Cite sources for assumptions based on research. The statements should be consistent, reasonable, and accurate. Areas that will be checked for accuracy include: The Balance Sheets should balance for all years presented. Retained earnings should be properly calculated using the prior years balance, net income, and dividends. The Ending Cash Balance on the Statement of Cash Flows should agree to the Cash Balance shown on the Balance Sheet for the same year. Net Income on the Income Statements should match what is reported on the top of the Statement of Cash Flows (if indirect method is used). o Other instructions: The Excel workbook should be professionally formatted. Professional formatting includes: All numbers are formatted similarly. The use of decimals, commas for thousands, and other formatting is consistent. Dollar signs are included in the first and last numbers of each column. Subtotals and totals are preceded by a single underline. Totals are followed by a double underline. Line descriptions are indented/bolded in a manner that makes the spreadsheet easy to read. All common sized, horizontal analysis, and projection items should be calculated using formulas. Totals and subtotals should also be calculated using formulas. For an example of which cells may need formulas, please see Exhibits A & B.
I need the projected income statements, projected balance sheets, and projected cash flows of what Nike Inc. will do over the next three years and how to calculate it

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Global Financial Accounting And Reporting Principles And Analysis

Authors: Peter Walton, Walter Aerts

4th Edition

1473729521, 9781473729520

More Books

Students also viewed these Accounting questions

Question

What does a person include in his/her application?

Answered: 1 week ago

Question

How does a Cloud - first strategy help clients?

Answered: 1 week ago