Calculate Nike, Inc.s Inventory Turnover for the year ending May 31, 2020. (Hint: Ch6 p.330 and the Appendix)

Interpret your answer for questions 1 above. (What does this ratio measure?)

YEAR ENDED MAY 31, The acoomparying Notes to the Consolidated Financial Statements are an integral part of this statement. The accompanying Notes to the Consolidated Financial Statements are an integral part of this statement. The accompanying Notes to the Consolidated Financial Statements are an integral part of this statement. The accompanying Notes to the Consolidated Financial Statements are an integral part of this statement. The accompanying Notes to the Consolidated Financial Statements are an integra/ part of this statement