Financial statement Analysis Accounts receivable 31, 2016 5241 Inves May 2016 Total May 31, 2016 Stadholders at May 31, 2010 12:25 L. Die the following are for the fundar 31, 2011, 2018 vse bo not own and the wing the delle other final answers to see decimal place. When required the rounded final answers in compte Hay 1 2018 Wolin million) 1 Cum Quiero d Accounts receber sein dan das vs be of desire tatio of liable to when Return on contact ice creaming that the market was $12.17 Share on May 2, 2011 and 12.00 per share on May 30, 2017 2. The working capital between 2017 and 2018 The curand both sig. The margin of tertion to 2018 The di Theron Financial Statement Analysis The financial statements for Nike, Inc., are presented in Appendix C. Use the following additional Information (in millions): C. Accounts receivable at May 31, 2016 $3,241 Inventories at May 31, 2016 4,838 Total assets at May 31, 2016 21,379 Stockholders' equity at May 31, 2016 12,258 1. Determine the following measures for the fiscal years ended May 31, 2018, and May 31, 2017. Assume 365 days a year. Do not round interim calculations. Round other final answers to one decimal place. When required, use the rounded final answers in subsequent computations. May 31, 2018 a. Working capital (in millions) May 31, 2017 $ $ b. Current ratio Quick ratio d. Accounts receivable turnover Number of days' sales in receivables days days t. Inventory turnover g Number of days' sales in inventory days days h. Ratio of liabilities to stockholders' equity 1. Asset turnover Return on total assets k. Return on common stockholders' equity 1. price-earnings ratio, assuming that the market price was $72.12 per share on May 29, 2018, and $53.06 per share on May 30, 2017, 2. The working capital decreased between 2017 and 2018. The current and quick ratios both decreased during 2018. The accounts receivable tumow Incenate The margin of protection to creditors increased The return on total assets decreased during 2016. The retuien en common stockholders austy decreased e. 2018 2017 4.249 995 3499 5.261 3,808 2,371 3,677 5,056 1.150 15,134 285 154 2.500 16,061 3.000 283 139 2,787 22.536 $ 23,259 6 (in million ASSETS Current Cash and equivalents Short-term investments Accounts receivable, nel Inventories Prepaid expenses and other current assets Total current assets Property port and equipment, net Identifiable to be assets.nl Goodwill Deferred Income tax and other assets TOTAL ASSETS LIABILITIES AND SHAREHOLDERS' EQUITY Currenties Current portion of long-term det Notes payable Accounts payable Acord labis Income taxes payable Tot currentes Long-term det Deferred income taxes and other Commitments and contingencies (Note 15) Redeemable preferred stock Shareholders gut Common stock at stated value Class A convertie 220 and 320 shares outstanding Class-1.272 nd 1314 shares outstanding Capital in excess of stated value Accumuld other comprehensive Pandang Total hardesequity TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 325 2.279 3.269 2.048 3.011 150 6,040 3.466 3.210 5,474 3.471 1,007 5,710 3 (2) 3.517 9,812 6.SOT 12.407 22.330
