Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

FY 2018 05/31/2018 36,397.0 36,397.0 20,441.00 20,441.0 15,956.0 0.0 11,511.0 11,511.0 0.0 0.00 4,445.00 120.0 54.00 124.0 70.0 0.0 FY 2019 05/31/2019 39,117.0 39,117.0 21,643.0

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

FY 2018 05/31/2018 36,397.0 36,397.0 20,441.00 20,441.0 15,956.0 0.0 11,511.0 11,511.0 0.0 0.00 4,445.00 120.0 54.00 124.0 70.0 0.0 FY 2019 05/31/2019 39,117.0 39,117.0 21,643.0 21,643.0 17,474.0 0.0 12,702.0 12,702.0 0.0 0.0 4,772.0 -29.0 49.0 131.0 82.0 0.0 Last 12M FY 2020 Est FY 2021 Est 02/29/2020 05/31/2020 05/31/2021 41,274.0 38,682.3 41,517.5 41,274.0 22,753.0 22,753.0 18,521.0 17,209.4 18,445.8 0.0 13,341.0 13,341.0 4,135.3 4,700.9 0.0 5,180.0 246.0 51.0 94.0 43.01 0.0 4,007.9 66.0 4,325.0 2,392.00 1,745.0 647.0 195.0 4,934.0 616.0 4,697.3 -78.0 4,801.0 772.0 738.0 34.0 3,645.0 4,078.0 NIKE Inc (NKE US) - GAAP In Millions of USD except Per Share 12 Months Ending Revenue + Sales & Services Revenue - Cost of Revenue + Cost of Goods & Services Gross Profit + Other Operating Income Operating Expenses + Selling, General & Admin + Research & Development + Other Operating Expense Operating Income (Loss) - Non-Operating (Income) Loss + Interest Expense, Net + Interest Expense - Interest Income + Foreign Exch (Gain) Loss + (Income) Loss from Affiliates + Other Non-Op (Income) Loss Pretax Income - Income Tax Expense (Benefit) + Current Income Tax + Deferred Income Tax + Tax Allowance/Credit Income (Loss) from Cont Ops - Net Extraordinary Losses (Gains) + Discontinued Operations + XO & Accounting Changes Income (Loss) Incl. MI - Minority Interest Net Income, GAAP - Preferred Dividends - Other Adjustments Net Income Avail to Common, GAAP Net Income Avail to Common, Adj Net Abnormal Losses (Gains) Net Extraordinary Losses (Gains) Basic Weighted Avg Shares Basic EPS, GAAP Basic EPS from Cont Ops Basic EPS from Cont Ops, Adjusted Diluted Weighted Avg Shares Diluted EPS, GAAP Diluted EPS from Cont Ops Diluted EPS from Cont Ops, Adjusted Reference Items Accounting Standard EBITDA EBITDA Margin (T12M) EBITA EBIT Gross Margin Operating Margin Profit Margin Sales per Employee Dividends per Share Total Cash Common Dividends Depreciation Expense Rental Expense 3,645.0 4,078.0 1,933.0 0.0 0.0 0.0 1,933.0 0.0 1,933.0 0.0 0.0 1,933.0 3,933.0 2,000.00 0.00 1,657.8 1.17 1.17 2.37 1,659.1 1.17 1.17 2.37 4,029.0 0.0 0.0 0.0 4,029.0 0.0 4,029.0 0.0 0.0 4,029.0 4,029.0 0.0 0.0 1,579.7 2.55 2.55 2.55 1,618.4 2.49 2.49 2.49 4,318.0 0.0 0.0 0.0 4,318.0 0.0 4,318.0 0.0 0.0 4,318.0 4,634.0 316.0 0.0 1,556.3 2.75 2.75 2.96 1,591.6 2.71 2.71 2.91 3,645.0 3,645.0 4,078.0 4,078.0 2.30 2.30 2.31 2.66 2.66 2.67 2.30 2.30 2.31 2.66 2.66 2.67 4,866.7 12.58 5,543.9 13.35 6,206.0 15.04 5,515.0 5,180.0 44.87 4,135.3 4,700.9 US GAAP 5,192.0 14.26 4,445.0 4,445.0 43.84 12.21 5.31 497,906.98 0.78 1,293.1 747.0 820.0 US GAAP 5,477.0 14.00 4,772.0 4,772.0 44.67 12.20 10.30 510,000.00 0.86 1,358.5 705.0 829.0 12.55 10.69 9.42 11.32 9.82 10.46 0.94) 1.03 0.93 1,452.8 691.0 FY 2016 05/31/2016 FY 2017 05/31/2017 FY 2018 05/31/2018 FY 2019 05/31/2019 5,457.0 3,138.0 2,319.0 3,241.0 3,241.0 0.0 4,838.0 0.0 0.0 4,838.0 0.0 1,489.0 496.0 6,179.0 3,808.0 2,371.0 3,677.0 3,677.00 0.0 5,055.0 0.0 0.0 5,055.0 0.0 1,150.0 241.0 5,245.0 4.249.0 996.0 3,498.0 3,498.0 0.0 5,261.0 0.0 0.0 5,261.00 0.0 1,130.0 400.0 4,663.01 4,466.0 197.01 4,272.0 4,272.0 0.0 5,622.0 0.0 0.01 5,622.0 0.0 1,968.01 622.0 Other Inventory + Misc ST Assets 0.0 993.0 15,025.0 3,520.0 7,038.0 3,518.0 0.0 . 2.834.0 412.0 131.0 281.0 0.0 909.0 16,061.0 3,989.0 7,958.01 3,969.0 0.0 3,209.0 422.0 139.0 283.0 2.787.0 0.0 0.0 7,198.01 23,259.00 0.0 730.0 15,134.0 4,454.0 * 454.0 8,891.0 4,437.0 0.0 2.948.0 439.0 154.0 285.0 2,509.0 0.0 0.0 7,402.0 22,536.0 0.0 1,346,0 16,525.0 4,744.0 9,469.0 4,725.0 0.0 0.0 2,448.0 437.0 154.0 283.0 2,011.0 0.0 0.0 7,192.0 23,717.0 121.01 2,301.01 6,354.0 21,379.0 NIKE Inc (NKE US) - Standardized In Millions of USD except Per Share FY 2015 12 Months Ending 05/31/2015 Total Assets + Cash, Cash Equivalents & STI 5.924.0 + Cash & Cash Equivalents 3,852.0 + ST Investments 2.072.0 + Accounts & Notes Receiv 3,358.0 + Accounts Receivable, Net 3,358.0 + Notes Receivable, Net 0.0 + Inventories 4,337.0 + Raw Materials 0.0 + Work In Process 0.0 + Finished Goods 4,337.0 0.0 Other ST Assets 1,968.0 Derivative & Hedging Assets 1,114.0 + Deferred Tax Assets + Discontinued Operations 0.0 854.0 Total Current Assets 15,587.00 Property, Plant & Equip, Net 3,011.01 + Property, Plant & Equip 6,352.0 - Accumulated Depreciation 3,341.0 +LT Investments & Receivables 0.0 . + Other LT Assets 2,999.0 + Total Intangible Assets 412.0 + Goodwill 131.0 Other Intangible Assets 281.00 + Deferred Tax Assets Derivative & Hedging Assets 525.0 + Misc LT Assets 2,062.0 Total Noncurrent Assets 6,010.0 Total Assets 21,597.0 Liabilities & Shareholders' Equity Payables & Accruals 5,989.0 Accounts Payable 2.131.0 + Accrued Taxes 243.0 + Interest & Dividends Payable 240.0 + Other Payables & Accruals 3,375.00 + ST Debt 181.01 + ST Borrowings 74.00 + ST Lease Liabilities +ST Finance Leases + Current Portion of LT Debt 107.01 + Other ST Liabilities 162.01 + Deferred Revenue 0.01 Derivatives & Hedging 162.0 + Discontinued Operations 0.01 + Misc ST Liabilities 0.0 Total Current Liabilities 6,332.0 +LT Debt 1,079.0 +LT Borrowings 1,079.0 + LT Lease Liabilities +LT Finance Leases + Other LT Liabilities 1,479.01 Accrued Liabilities 0.01 Pension Liabilities 0.00 + Pensions Other Post-Ret Benefits 0.0 + Deferred Revenue 0.0 + Deferred Tax Liabilities 351.0 + Derivatives & Hedging 13.0 + Misc LT Liabilities 1,115.0 Total Noncurrent Liabilities 2,558.0 tal Total Liabilities 8,890.0 + Preferred Equity and Hybrid Capital 0.0 + Share Capital & APIC 6,776.0 + Common Stock 3.0 + Additional Paid in Capital 6.773.0 / 5,152.0 2,191.0 244.0 271.0 2,446.0 45.00 1.0 4,889.0 2,048.00 280.00 300.0 2.261.0 331.01 325.0 5,508.0 2,279.0 374.0 320.0 2,535.0 342.0 336.00 7,797.0 2,612.0 463.0 346.00 4,376.0 15.0 9.0 6.0 190.0 0.0 190.0 6.0 54.0 0.01 54.00 44.0 161.01 0.01 161.00 0.0 0.0 5,358.0 1,993.0 1,993.0 6.0 254.0 0.0 254.0 0.0 0.0 5,474.0 3,471.0 3,471.0 0.0 6,040.0 3,468.0 0.0 7,866.0 3,464.0 3,464.0 3,468.0 1,907.0 3,216.0 0.0 0.0 00 0.0 od 0.0 0.0 1,770.0 0.0 0.0 0.01 0.0 0.0 0.0 364.0 28 38.0 1,368.0 3,763.0 9,121.0 0.0 7,789.00 3.0 7.786.0 0.0 0.0 0.0 0.0 0.0 Gozo 1,907.0 0.0 0.0 5,378.0 OS 3,347.0 0.0 0.0 0.0 0.0 0.0 3,347.01 0.0 0.0 6,811.0 14,677.0 0.0 7,166.0 3.0 7.163.01 10,852.0 0.0 3,216.0 00 0.0 0.0 6,684.0 7240 0.0 6,387.0 3.0 6.384.0 12,724.0 0.0 5,713.0 3.0 5.710.01 351.0 13.0 1,115.0 2,558.0 8,890.0 0.0 6,776.0 1,907.01 0.0 0.01 5,378.0 10,852.00 0.0 5,713.0 3.0 3.0 6,773.0 364.01 38.0 1,368.0 3,763.0 9,121.0 0.01 7,789.0 3.0 7,786.0 0.01 4,151.0 318.0 12,258.0 0.0 12,258.0 21,379.0 5,710.01 3,216.0 0.0 0.0 6,684.0 12,724.0 0.0 6,387.0 3.0 6,384.0 0.0 3,517.00 -92.0 9,812.0 0.0 9,812.01 22,536.0 3,347.0 0.0 0.0 6,811.0 14,677.0 0.0 7,166.00 3.0 7,163.00 0.0 1,643.0 231.0 9,040.0 0.0 9,040.0 23,717.0 0.01 0.01 4,685.0 1,246.0 12,707.0 0.0 12,707.0 21,597.0 6,907.0 -213.00 12,407.0 0.0 12,407.0 23,259.0 + Deferred Tax Liabilities + Derivatives & Hedging + Misc LT Liabilities Total Noncurrent Liabilities Total Liabilities + Preferred Equity and Hybrid Capital + Share Capital & APIC + Common Stock + Additional Paid in Capital - Treasury Stock + Retained Earnings + Other Equity Equity Before Minority Interest + Minority/Non Controlling Interest Total Equity Total Liabilities & Equity Reference Items Accounting Standard Shares Outstanding Number of Treasury Shares Pension Obligations Future Minimum Operating Lease Obligation Capital Leases - Total Options Granted During Period Options Outstanding at Period End Net Debt Net Debt to Equity Tangible Common Equity Ratio Current Ratio Cash Conversion Cycle Cash Held Overseas Number of Employees Source: Bloomberg US GAAP 1,714.0 0.0 0.0 2,974.0 US GAAP 1,682.01 0.0 0.0 3,231.00 US GAAP 1,643.0 0.0 0.0 3,905.0 US GAAP 1,601.00 0.01 0.0 3,965.00 US GAAP 1,568.0 0.0 0.0 3,732.0 9.2 58.1 4,664.0 -36.70 58.04 2.46 88.15 4,200.0 62,600.00 20.61 112.01 -3.419.0 -27.89 56.50 2.80 89.60 4,600.0 70,700.00 12.2 104.8 -2.377.0 - 19.16 52.48 2.93 91.41 5,800.0 74,400.00 16.8 93.2 -1.435.0 - 14.62 42.42 2.51 89.83 5,200.0 73,100.00 18.1 91.3 -1,184.0 -13.10 36.95 2.10 87.45 4,466.0 76,700.00 What is Nike's approximate pre-tax cost of debt using the method outlined on the Module worksheet? 3.78% O 2.99% O 5.90% O 5.83% O 5.00% FY 2018 05/31/2018 36,397.0 36,397.0 20,441.00 20,441.0 15,956.0 0.0 11,511.0 11,511.0 0.0 0.00 4,445.00 120.0 54.00 124.0 70.0 0.0 FY 2019 05/31/2019 39,117.0 39,117.0 21,643.0 21,643.0 17,474.0 0.0 12,702.0 12,702.0 0.0 0.0 4,772.0 -29.0 49.0 131.0 82.0 0.0 Last 12M FY 2020 Est FY 2021 Est 02/29/2020 05/31/2020 05/31/2021 41,274.0 38,682.3 41,517.5 41,274.0 22,753.0 22,753.0 18,521.0 17,209.4 18,445.8 0.0 13,341.0 13,341.0 4,135.3 4,700.9 0.0 5,180.0 246.0 51.0 94.0 43.01 0.0 4,007.9 66.0 4,325.0 2,392.00 1,745.0 647.0 195.0 4,934.0 616.0 4,697.3 -78.0 4,801.0 772.0 738.0 34.0 3,645.0 4,078.0 NIKE Inc (NKE US) - GAAP In Millions of USD except Per Share 12 Months Ending Revenue + Sales & Services Revenue - Cost of Revenue + Cost of Goods & Services Gross Profit + Other Operating Income Operating Expenses + Selling, General & Admin + Research & Development + Other Operating Expense Operating Income (Loss) - Non-Operating (Income) Loss + Interest Expense, Net + Interest Expense - Interest Income + Foreign Exch (Gain) Loss + (Income) Loss from Affiliates + Other Non-Op (Income) Loss Pretax Income - Income Tax Expense (Benefit) + Current Income Tax + Deferred Income Tax + Tax Allowance/Credit Income (Loss) from Cont Ops - Net Extraordinary Losses (Gains) + Discontinued Operations + XO & Accounting Changes Income (Loss) Incl. MI - Minority Interest Net Income, GAAP - Preferred Dividends - Other Adjustments Net Income Avail to Common, GAAP Net Income Avail to Common, Adj Net Abnormal Losses (Gains) Net Extraordinary Losses (Gains) Basic Weighted Avg Shares Basic EPS, GAAP Basic EPS from Cont Ops Basic EPS from Cont Ops, Adjusted Diluted Weighted Avg Shares Diluted EPS, GAAP Diluted EPS from Cont Ops Diluted EPS from Cont Ops, Adjusted Reference Items Accounting Standard EBITDA EBITDA Margin (T12M) EBITA EBIT Gross Margin Operating Margin Profit Margin Sales per Employee Dividends per Share Total Cash Common Dividends Depreciation Expense Rental Expense 3,645.0 4,078.0 1,933.0 0.0 0.0 0.0 1,933.0 0.0 1,933.0 0.0 0.0 1,933.0 3,933.0 2,000.00 0.00 1,657.8 1.17 1.17 2.37 1,659.1 1.17 1.17 2.37 4,029.0 0.0 0.0 0.0 4,029.0 0.0 4,029.0 0.0 0.0 4,029.0 4,029.0 0.0 0.0 1,579.7 2.55 2.55 2.55 1,618.4 2.49 2.49 2.49 4,318.0 0.0 0.0 0.0 4,318.0 0.0 4,318.0 0.0 0.0 4,318.0 4,634.0 316.0 0.0 1,556.3 2.75 2.75 2.96 1,591.6 2.71 2.71 2.91 3,645.0 3,645.0 4,078.0 4,078.0 2.30 2.30 2.31 2.66 2.66 2.67 2.30 2.30 2.31 2.66 2.66 2.67 4,866.7 12.58 5,543.9 13.35 6,206.0 15.04 5,515.0 5,180.0 44.87 4,135.3 4,700.9 US GAAP 5,192.0 14.26 4,445.0 4,445.0 43.84 12.21 5.31 497,906.98 0.78 1,293.1 747.0 820.0 US GAAP 5,477.0 14.00 4,772.0 4,772.0 44.67 12.20 10.30 510,000.00 0.86 1,358.5 705.0 829.0 12.55 10.69 9.42 11.32 9.82 10.46 0.94) 1.03 0.93 1,452.8 691.0 FY 2016 05/31/2016 FY 2017 05/31/2017 FY 2018 05/31/2018 FY 2019 05/31/2019 5,457.0 3,138.0 2,319.0 3,241.0 3,241.0 0.0 4,838.0 0.0 0.0 4,838.0 0.0 1,489.0 496.0 6,179.0 3,808.0 2,371.0 3,677.0 3,677.00 0.0 5,055.0 0.0 0.0 5,055.0 0.0 1,150.0 241.0 5,245.0 4.249.0 996.0 3,498.0 3,498.0 0.0 5,261.0 0.0 0.0 5,261.00 0.0 1,130.0 400.0 4,663.01 4,466.0 197.01 4,272.0 4,272.0 0.0 5,622.0 0.0 0.01 5,622.0 0.0 1,968.01 622.0 Other Inventory + Misc ST Assets 0.0 993.0 15,025.0 3,520.0 7,038.0 3,518.0 0.0 . 2.834.0 412.0 131.0 281.0 0.0 909.0 16,061.0 3,989.0 7,958.01 3,969.0 0.0 3,209.0 422.0 139.0 283.0 2.787.0 0.0 0.0 7,198.01 23,259.00 0.0 730.0 15,134.0 4,454.0 * 454.0 8,891.0 4,437.0 0.0 2.948.0 439.0 154.0 285.0 2,509.0 0.0 0.0 7,402.0 22,536.0 0.0 1,346,0 16,525.0 4,744.0 9,469.0 4,725.0 0.0 0.0 2,448.0 437.0 154.0 283.0 2,011.0 0.0 0.0 7,192.0 23,717.0 121.01 2,301.01 6,354.0 21,379.0 NIKE Inc (NKE US) - Standardized In Millions of USD except Per Share FY 2015 12 Months Ending 05/31/2015 Total Assets + Cash, Cash Equivalents & STI 5.924.0 + Cash & Cash Equivalents 3,852.0 + ST Investments 2.072.0 + Accounts & Notes Receiv 3,358.0 + Accounts Receivable, Net 3,358.0 + Notes Receivable, Net 0.0 + Inventories 4,337.0 + Raw Materials 0.0 + Work In Process 0.0 + Finished Goods 4,337.0 0.0 Other ST Assets 1,968.0 Derivative & Hedging Assets 1,114.0 + Deferred Tax Assets + Discontinued Operations 0.0 854.0 Total Current Assets 15,587.00 Property, Plant & Equip, Net 3,011.01 + Property, Plant & Equip 6,352.0 - Accumulated Depreciation 3,341.0 +LT Investments & Receivables 0.0 . + Other LT Assets 2,999.0 + Total Intangible Assets 412.0 + Goodwill 131.0 Other Intangible Assets 281.00 + Deferred Tax Assets Derivative & Hedging Assets 525.0 + Misc LT Assets 2,062.0 Total Noncurrent Assets 6,010.0 Total Assets 21,597.0 Liabilities & Shareholders' Equity Payables & Accruals 5,989.0 Accounts Payable 2.131.0 + Accrued Taxes 243.0 + Interest & Dividends Payable 240.0 + Other Payables & Accruals 3,375.00 + ST Debt 181.01 + ST Borrowings 74.00 + ST Lease Liabilities +ST Finance Leases + Current Portion of LT Debt 107.01 + Other ST Liabilities 162.01 + Deferred Revenue 0.01 Derivatives & Hedging 162.0 + Discontinued Operations 0.01 + Misc ST Liabilities 0.0 Total Current Liabilities 6,332.0 +LT Debt 1,079.0 +LT Borrowings 1,079.0 + LT Lease Liabilities +LT Finance Leases + Other LT Liabilities 1,479.01 Accrued Liabilities 0.01 Pension Liabilities 0.00 + Pensions Other Post-Ret Benefits 0.0 + Deferred Revenue 0.0 + Deferred Tax Liabilities 351.0 + Derivatives & Hedging 13.0 + Misc LT Liabilities 1,115.0 Total Noncurrent Liabilities 2,558.0 tal Total Liabilities 8,890.0 + Preferred Equity and Hybrid Capital 0.0 + Share Capital & APIC 6,776.0 + Common Stock 3.0 + Additional Paid in Capital 6.773.0 / 5,152.0 2,191.0 244.0 271.0 2,446.0 45.00 1.0 4,889.0 2,048.00 280.00 300.0 2.261.0 331.01 325.0 5,508.0 2,279.0 374.0 320.0 2,535.0 342.0 336.00 7,797.0 2,612.0 463.0 346.00 4,376.0 15.0 9.0 6.0 190.0 0.0 190.0 6.0 54.0 0.01 54.00 44.0 161.01 0.01 161.00 0.0 0.0 5,358.0 1,993.0 1,993.0 6.0 254.0 0.0 254.0 0.0 0.0 5,474.0 3,471.0 3,471.0 0.0 6,040.0 3,468.0 0.0 7,866.0 3,464.0 3,464.0 3,468.0 1,907.0 3,216.0 0.0 0.0 00 0.0 od 0.0 0.0 1,770.0 0.0 0.0 0.01 0.0 0.0 0.0 364.0 28 38.0 1,368.0 3,763.0 9,121.0 0.0 7,789.00 3.0 7.786.0 0.0 0.0 0.0 0.0 0.0 Gozo 1,907.0 0.0 0.0 5,378.0 OS 3,347.0 0.0 0.0 0.0 0.0 0.0 3,347.01 0.0 0.0 6,811.0 14,677.0 0.0 7,166.0 3.0 7.163.01 10,852.0 0.0 3,216.0 00 0.0 0.0 6,684.0 7240 0.0 6,387.0 3.0 6.384.0 12,724.0 0.0 5,713.0 3.0 5.710.01 351.0 13.0 1,115.0 2,558.0 8,890.0 0.0 6,776.0 1,907.01 0.0 0.01 5,378.0 10,852.00 0.0 5,713.0 3.0 3.0 6,773.0 364.01 38.0 1,368.0 3,763.0 9,121.0 0.01 7,789.0 3.0 7,786.0 0.01 4,151.0 318.0 12,258.0 0.0 12,258.0 21,379.0 5,710.01 3,216.0 0.0 0.0 6,684.0 12,724.0 0.0 6,387.0 3.0 6,384.0 0.0 3,517.00 -92.0 9,812.0 0.0 9,812.01 22,536.0 3,347.0 0.0 0.0 6,811.0 14,677.0 0.0 7,166.00 3.0 7,163.00 0.0 1,643.0 231.0 9,040.0 0.0 9,040.0 23,717.0 0.01 0.01 4,685.0 1,246.0 12,707.0 0.0 12,707.0 21,597.0 6,907.0 -213.00 12,407.0 0.0 12,407.0 23,259.0 + Deferred Tax Liabilities + Derivatives & Hedging + Misc LT Liabilities Total Noncurrent Liabilities Total Liabilities + Preferred Equity and Hybrid Capital + Share Capital & APIC + Common Stock + Additional Paid in Capital - Treasury Stock + Retained Earnings + Other Equity Equity Before Minority Interest + Minority/Non Controlling Interest Total Equity Total Liabilities & Equity Reference Items Accounting Standard Shares Outstanding Number of Treasury Shares Pension Obligations Future Minimum Operating Lease Obligation Capital Leases - Total Options Granted During Period Options Outstanding at Period End Net Debt Net Debt to Equity Tangible Common Equity Ratio Current Ratio Cash Conversion Cycle Cash Held Overseas Number of Employees Source: Bloomberg US GAAP 1,714.0 0.0 0.0 2,974.0 US GAAP 1,682.01 0.0 0.0 3,231.00 US GAAP 1,643.0 0.0 0.0 3,905.0 US GAAP 1,601.00 0.01 0.0 3,965.00 US GAAP 1,568.0 0.0 0.0 3,732.0 9.2 58.1 4,664.0 -36.70 58.04 2.46 88.15 4,200.0 62,600.00 20.61 112.01 -3.419.0 -27.89 56.50 2.80 89.60 4,600.0 70,700.00 12.2 104.8 -2.377.0 - 19.16 52.48 2.93 91.41 5,800.0 74,400.00 16.8 93.2 -1.435.0 - 14.62 42.42 2.51 89.83 5,200.0 73,100.00 18.1 91.3 -1,184.0 -13.10 36.95 2.10 87.45 4,466.0 76,700.00 What is Nike's approximate pre-tax cost of debt using the method outlined on the Module worksheet? 3.78% O 2.99% O 5.90% O 5.83% O 5.00%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Water Audits And Loss Control Programs

Authors: American Water Works Association

4th Edition

1625761007, 978-1625761002

More Books

Students also viewed these Accounting questions

Question

describe the main employment rights as stated in the law

Answered: 1 week ago