based on Nike's financial report 2023

In the most recent reporting period, how much profit did Nike earn after recognizing the cost of inventory sold? a. $51,217 b. $22,292 C. $5,070 d. $6,201 Use the following formula to calculate Nike's accounts receivable turnover ratio at the last two balance sheet dates: Account receivable turnover ratio = Revenues / Accounts receivable, net Select the correct answer below. a. The company collected accounts receivable faster in the most recent reporting period than the prior reporting period. b. The company collected accounts receivable slower in the most recent reporting period than the prior reporting period. c. The company collected accounts receivable at the same rate as in the prior reporting period. At the most recent balance sheet date, Nike's estimate of uncollectible accounts receivable was (in millions): a. $4,131 b. $4,667 C. $35 d. $34 At the most recent balance sheet date, the book value of Nike's property, plant and equipment was (in millions): a. $5,081 b. $4,791 C. $5,634 d. $10,715 At the most recent balance sheet date, the historical cost of the company's property, plant and equipment was (in millions): a. $5,081 b. $5,634 C. $10,097 d. $10,715 At the most recent balance sheet date, total depreciation expense recognized by Nike on property, plant and equipment since the assets were acquired was (in millions): a. $5081 b. $5,634 C. $10,715 d. $10,097