Financial Statement Analysis The financial statements for Nike, Inc., are presented in Appendix D. Use the following additional information (in thousands): Accounts receivable at May 31, 2014: $3,117 Inventories at May 31, 2014: 3,947 Total assets at May 31, 2014: 18,594 Stockholders' equity at May 31, 2014: 12,000 1. Determine the following measures for the fiscal years ended May 31, 2016, and May 31, 2015. Do not round interim calculations. Round the working capital amount in part (a) to the nearest dollar. Round all other final answers to one decimal place. When required, use the rounded final answers in subsequent computations. May 31, 2016 May 31, 2015 a Working capital (in millions) b. Current ratio Quick ratio Accounts receivable turnover Number of days' sales in receivables days days Inventory turnover Number of days' sales in inventory days days Ratio of liabilities to stockholders' equity Asset turnover Return on total assets Return on common stockholders equity Price earnings ratio, assuming that the market price was $54.90 per share on May 29, 2016, and $52,81 per share on May 30, 2015, C. d e L g 3 k 1. Determine the following measures for the fiscal years ended May 31, 2016, and May 31, 2015. Do not round interim calculations. Round the working capital amount in part the nearest dollar. Round all other final answers to one decimal place. When required, use the rounded final answers in subsequent computations. May 31, 2016 May 31, 2015 a. Working capital (in millions) b. Current ratio : C Quick ratio d. Accounts receivable turnover e Number of days' sales in receivables days days 1. Inventory turnover 9 Number of days' sales in inventory days days Ratio of liabilities to stockholders' equity Asset turnover Return on total assets k Return on common stockholders' equity 4. Price-eamings ratio, assuming that the market price was $54.90 per share on May 29, 2016, and $52.81 per share on May 30, 2015. Percentage relationship of net income to sales m. 2. The working capital between 2015 and 2016. The current and quick ratios both! and number of day!' sales in receivables during 2016. The accounts receivable turnover The return on total during during 2016. The return on common stockholders' equity. assets 2016. h. L J. slightly. The margin of protection to creditors The percent of net income to sales Financial Statement Analysis The financial statements for Nike, Inc., are presented in Appendix D. Use the following additional information (in thousands): Accounts receivable at May 31, 2014: $3,117 Inventories at May 31, 2014: 3,947 Total assets at May 31, 2014: 18,594 Stockholders' equity at May 31, 2014: 12,000 1. Determine the following measures for the fiscal years ended May 31, 2016, and May 31, 2015. Do not round interim calculations. Round the working capital amount in part (a) to the nearest dollar. Round all other final answers to one decimal place. When required, use the rounded final answers in subsequent computations. May 31, 2016 May 31, 2015 a Working capital (in millions) b. Current ratio Quick ratio Accounts receivable turnover Number of days' sales in receivables days days Inventory turnover Number of days' sales in inventory days days Ratio of liabilities to stockholders' equity Asset turnover Return on total assets Return on common stockholders equity Price earnings ratio, assuming that the market price was $54.90 per share on May 29, 2016, and $52,81 per share on May 30, 2015, C. d e L g 3 k 1. Determine the following measures for the fiscal years ended May 31, 2016, and May 31, 2015. Do not round interim calculations. Round the working capital amount in part the nearest dollar. Round all other final answers to one decimal place. When required, use the rounded final answers in subsequent computations. May 31, 2016 May 31, 2015 a. Working capital (in millions) b. Current ratio : C Quick ratio d. Accounts receivable turnover e Number of days' sales in receivables days days 1. Inventory turnover 9 Number of days' sales in inventory days days Ratio of liabilities to stockholders' equity Asset turnover Return on total assets k Return on common stockholders' equity 4. Price-eamings ratio, assuming that the market price was $54.90 per share on May 29, 2016, and $52.81 per share on May 30, 2015. Percentage relationship of net income to sales m. 2. The working capital between 2015 and 2016. The current and quick ratios both! and number of day!' sales in receivables during 2016. The accounts receivable turnover The return on total during during 2016. The return on common stockholders' equity. assets 2016. h. L J. slightly. The margin of protection to creditors The percent of net income to sales
