File Paste Home Format Painter Sign in M View Tell me what you want to do Layo Mailings Aaebocod Aaebocod AaBbco AaB b AaBbc AGEboooo AaB Aasboco A 15.5 A A Aa A E H 1 Norm 1 No Spac Heading 1 Heading 2 Heading 3 Heading 4 Tito Subtitle subtle Em Emphasis Intense E... Nike, Inc., Problem I Financial Statement Analysis The financial statements for Nike, Inc., are presented in Appendix at the end of the text. The following additional information (in thousands) is available: Instructions 1. Determine the following measures for the fiscal years ended May 31, 2013 (fiscal 2012), and May 31, 2012 (fiscal 2011), rounding to onc dccimal place. 1. Working capital 2. Current ratio 3, Quick ratio 4. Accounts receivable turnover 5. Number of days' sales in receivables 6. Inventory turnover 7. Number of days' sales in inventory 8. Ratio of liabilities to stockholders' equity 9. Ratio of sales to assets 10. Rate earned on total assets, assuming interest expense is $23 million for the year ending May 31,2013, and $31 million for the year ending May 31, 2012 11 Rate earned on common stockholders' equity 12 Price-earnings ratio, assuming that the market price was $61.66 per share on May 31, 2013, and $53.10 per share on May 31, 2012 13 percentage relationship of net income to Sales Replace 03 AM