DONT USE CHAT GPT PLEASE (its wrong)

Financial ratios	2023	2023 calculations	2022	2022 calculations	Comment
Gross profit rate	43.52%		45.98%	21,479/46,710	no
Days in inventory	106.41	28925/(8454+8420)/2 =28925/8437 =3.43 365/3.43 =106.41	110.48	365/(25,231) /(8,420+6,854)/2)	yes
Average Accounts Receivable Collection Period in Days	31.36	51217/(4131+4667)/2 =51217/4399 =11.64 365/11.64	35.67	365/(46,710/(4,667+4,463)/2)	yes
Asset turnover	1.32	51217/(37531+40321)/2 = 51217/38926 =1.32	1.20	/46,710) (40,321+37,740)/2	yes
Current Ratio	2.72	25202/9256	2.63	28,213/10,730	yes
Debt to Assets Ratio	93.87%	35231/37531	62.10%	25,040/40,321	no

Have the ratios improved or not in 2023 in comparison to 2022? Provide your answers in the Comment column in the following table with a simple yes or no.

How would you assess the general financial health of Nike for 2023 based on the financial ratio analysis that you completed? Provide your explanation in a paragraph below the following table by referring to all of the financial ratios.