Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I am having a difficult time locating the needed information on the SEC 10K report in order to do the following calculations. Can someone assist?

I am having a difficult time locating the needed information on the SEC 10K report in order to do the following calculations. Can someone assist?

The link to the report is below. I don't need the answer for the questions. I simply need assistance locating the information pertinent to answer them as I cannot figure it out after hours of searching.

https://www.sec.gov/Archives/edgar/data/320187/000032018718000142/nke-5312018x10k.htm#s94BF491D577D6C2986E4E66929FEE532

Use the following equation and show how the Retained Earnings account has changed over the past two years.

Retained earnings, beginning balance

+ Prior period adjustments

= Retained earnings, adjusted balance

+ Net Income

- Retirement of Treasury stock

- Dividends

= Retained earnings, ending balance

Calculate the following ratios for the most recent two years and comment on the results of your ratio analysis.

a. Return on stockholder's equity:= (net income - preferred dividends)/average stockholder's equity)

b. Earnings per share (EPS)

c. Price-earnings (PE) ratio

d. Payout ratio

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

Computer Accounting

Authors: Donna Kay

14th Edition

007762453X, 9780077624538

More Books

Students also viewed these Accounting questions

Question

=+24. Friday the 13th, accidents. The researchers in Exercise

Answered: 1 week ago