COMPANY: NIKE

Please answer all questions $1-5$ ENTIRELY

Use nikes most recent financial statements online

Activity 8: Long-Term Liabilities - COMPANY: NIKF Reference at least one Concept Statement in your discussion on this page. 1) What accounts are included as long-term liabilities? Briefly explain what each represents. 2) Ifthe company has issued bonds, what are its features? When are they due? Were they issued at a premium, face or a discount? How do you know? Why does this matter? Visit yahoo.finance.com to determine today's market value of one bond (list it here). Why does an investor care? 3) Could management use long-term liabilities to manage earnings? Explain. 4) Using the footnotes to the financial statements, find at least one example of the use of time value of money. Explain why the application of time value is appropriate to account for the transaction. 5) What is the company's debt ratio? How does this compare to the footwear/apparel industry? What level of risk does this post for an investor? Explain.