Financial Statement Analysis The financial statements for Nike, Inc., are presented in Appendix C. Use the following additional information (in millions): Accounts receivable at May 31, 2016 Inventories at May 31, 2016 $3,241 4,838 Total assets at May 31, 2016 Stockholders' equity at May 31, 2016 21,379 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 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, 2018 a. Working capital (in millions) 9,094 May 31, 2017 $ 10,587.0 b. Current ratio 2.5 C. Quick ratio 1.4 d. Accounts receivable turnover 10.1 e. Number of days' sales in receivables 36 days 2.9 1.8 8.7 X 42 X days f. Inventory turnover 4.0 3.8 g. Number of days' sales in inventory h. Ratio of liabilities to stockholders' equity 93 X days 1.30 95 X days 0.9 i. Asset turnover 1.6 1.5 j. Return on total assets 0.1 X % 0.2 X % k. Return on stockholders' equity 0.2 X % I. 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. 60.6 0.2 X % 20.7