I have already computed A: 2019 QR= 2.1 CR= 1.14, 2018 QR=2.5 CR=1.45. I just need help with B and C and can draw conclusions myself with D. Thanks in advance
MS P4-31. Compute and Interpret Liquidity, Solvency, and Coverage Ratios Information from the balance sheer, income statement, and statement of cash flows for Nike follow Refer to these financial statements to answer the requirements. Module 4 NIKE, INC. Consolidated Statements of income Year Ended May 31 (in Milliona) Revenues Cost of sale Gross profile Domand creation expense Operating overhead expense Total selling and administrative expense Interest expense (income), net Other income) expense, net income before income taxes income tax expense Net Income 2010 $30.117 21.643 17,474 3.753 8.949 12,702 49 (78) 4.301 772 $ 4,029 2018 $6.397 20.041 150056 3577 7.934 11.511 54 66 4 325 2.392 $ 1.930 2019 2018 $ 4,466 197 4,272 5,622 1.968 16.525 4.744 283 154 2011 $23,717 $.4.249 995 3.490 5.261 1.130 15,134 4.454 285 154 2,509 $22.536 NIKE, INC. Consolidated Balance Sheets May 31 (in millions) Assets Current assets Cash and equivalents Short-term investments Accounts receivable, net Inventories Prepaid expenses and other current assets Total current assets. Property, plant, and equipment, net Identifiable intangible assets, net Goodwill Deferred income taxes Total assets Liabilities and shareholders' equity Current liabilities Current portion of long-term debt Notes payable Accounts payable Accrued abilities Income taxes payable. Total current liabilities Long-term debt Deferred income taxes and other liabilities Shareholders' equity Class A convertible_315 and 329 shares outstanding Class B-1,253 and 1,272 shares outstanding Capital in excess of stated value Accumulated other comprehensive income (loss) Retained earings Total shareholders' equity Total liabilities and shareholders' equity $ 6 9 2.612 5,010 229 7.866 3,464 3,347 $ 6 336 2.279 3.269 150 6.040 3,468 3.216 3 7.163 231 1.643 9,040 $23,717 3 6,384 (92) 3.517 9,812 $22536 2019 NIKE ANG $4,029 CA State of Cash Flows 705 4443 Mocheta a contra 34 325 15 233 za Year End May 31 ) urpNp (270) (490) (203) 1,525 5.903 NA ANA SAVO Dy aperations, COM Dw SUR AT Never my Change in wamwand other assets and abilities: than ang in de and other current and non-current assets.. ih na AMANAs and other current and lalo 3: 30287 the deman (2,937) 1,715 2,072 (1.119) 5 2. current Cash provided by a Cash provided (used by www.ngah Purchases of shoremi V Mhubs of shorts (264) 27 Seal short term investments... Additions property and equipment Disposals of proport and equipment Other investing activities Cash provided (used by using acties (6) (325) (27) 700 (4,286) (1,332) (17) (5,293) Long-term debt payment houding current portion 733 (4254 (1243 (55 (4835 Payments on capital ease and other financing obligations. Cash used by anong as Increase (decrease) in notes payable Proceeds from exercise of stock options and other stock issuances Repurchase of common stock ... Dividends-common and preferred.. Tax payments for net share settlement of equity awards Cash used by financing activites Ellect or exchange rate changes on cash and equivalents Not increase (decrease) in cash and equivalents... 45 (129) 217 4,249 $4,466 3.808 $4249 Cash and equivalents, beginning of your Cash and equivalents, end of year. 2013 and 2019. Comment on any observed trends