46. Company: Nike, Inc.

Nike, Inc. disclosed the following financial data for the year ending May 31, 2023:

46. 
    
    • Total Assets: $100 billion
    • Total Liabilities: $50 billion
    • Shareholders' Equity: $50 billion

a) Calculate the debt-to-equity ratio. b) Determine the return on assets (ROA), assuming the net income for the year is $10 billion. c) Compute the return on equity (ROE), assuming the net income for the year is $10 billion.