Based on the income statements you looked at, make reasonable assumptions about Nike's growth and make a simplified income statement for fiscal year ending 5/31/19. (Revenues - Expenses = Net Income)

Simplified Income Statement

NIKE, Inc.

Year Ended 5/31/2019

Net Sales $

Cost of Sales $

Gross Profit $

Expenses $

Income Before Taxes $

Income Taxes $

Net Income $