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gnmentSessionLocators assignm 4) Chpt 3 HW eBook Calculator Print Item Vertical Analysis of Income Statement 1 EX3-1 2 EX 3-3 3. EX.3-5 4. EX 3-7

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gnmentSessionLocators assignm 4) Chpt 3 HW eBook Calculator Print Item Vertical Analysis of Income Statement 1 EX3-1 2 EX 3-3 3. EX.3-5 4. EX 3-7 5. EX 3-8 6. EX 3-10 7. EX 3-12 8. EX3 13 9. EX3-18 10. EX3-20 11. EX3-28 The following data (in millions) are taken from recent financial statements of Nike Inc.: Year 2 Year 1 $24,128 $20,862 2,133 Net sales (revenues) Net income a. Determine the amount of change (in millions) and percent of change in net income for Year 2. Round to one decimal place. Amount of change Percent of change in net income 2,223 million the percentage relationship between net income and net sales (net income divided by net sales) for Year 2 and Year 1. Round to one decimal place Year 2: Year 1: Check My Work Progress: 11/11 items All work saved. Assignment Score: 31.82%

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