financial accounting 15th

OBJ. 4 The financial statements for Nike, Inc., are provided in Appendix C at the end of the text. a. Determine the free cash flow for the most recent fiscal year. Assume that 90% of the additions to property, plant, and equipment were used to maintain productive capacity. EX 16-25 Free cash flow b. How might a lender use free cash flow to determine whether or not to give C.Would you feel comfortable giving Nike a loan, based on the free cash flow Round to the nearest thousand dollars. Nike, Inc., a loan? calculated in (a)? OBJ. 4 The financial statements for Nike, Inc., are provided in Appendix C at the end of the text. a. Determine the free cash flow for the most recent fiscal year. Assume that 90% of the additions to property, plant, and equipment were used to maintain productive capacity. EX 16-25 Free cash flow b. How might a lender use free cash flow to determine whether or not to give C.Would you feel comfortable giving Nike a loan, based on the free cash flow Round to the nearest thousand dollars. Nike, Inc., a loan? calculated in (a)