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Complete a vertical analysis for the statements of Income at Nike, Inc. Percentages should have two digitals after the decimal and no percentage symbol (example:
Complete a vertical analysis for the statements of Income at Nike, Inc. Percentages should have two digitals after the decimal and no percentage symbol (example: 00.00)
in millions, except per share data | 2018 | Percent (2018) | 2017 | Percent (2017) | 2016 | Percent (2016) |
Revenues | 36,397 | 34,350 | 32,376 | |||
Cost of sales | 20,441 | 19,038 | 17,405 | |||
Gross Profit | 15,956 | 15,312 | 14,971 | |||
Demand creation expense | 3,577 | 3,341 | 3,278 | |||
Operating overhead expense | 7,934 | 7,222 | 7,191 | |||
Total selling and administrative expense | 11,511 | 10,563 | 10,469 | |||
Interest expense (income), net | 54 | 59 | 19 | |||
Other expense (income), net | 66 | (196) | (140) | |||
Income before income taxes | 4,325 | 4,886 | 4,623 | |||
Income tax expense | 2,392 | 646 | 863 | |||
NET INCOME | 1,933 | 4,240 | 3,760 | |||
Earnings per common share: | ||||||
Basic | 1.19 | 2.56 | 2.21 | |||
Diluted | 1.17 | 2.51 | 2.16 | |||
Dividends declared per common share | 0.78 | 0.70 | 0.62 |
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