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I would love some help with finding the below broblem extracted from Nike in 2017 10-K http://s1.q4cdn.com/806093406/files/doc_financials/2017/ar/docs/nike-2017-form-10K.pdf Section 5 Common-size Income Statement and Common-size Balance
I would love some help with finding the below broblem extracted from Nike in 2017 10-K http://s1.q4cdn.com/806093406/files/doc_financials/2017/ar/docs/nike-2017-form-10K.pdf
Section 5 Common-size Income Statement and Common-size Balance Sheet : Insert a table for each statement showing the last two years data converted to common-size percentages. I have provided the guidelines for both tables:
Common Size Balance Sheet:
Nike Common Size Balance Sheet December 2017 and December 2016 | ||||
2017 | 2016 | |||
Amount | Percent | Amount | Percent | |
Assets | ||||
Current Assets | ||||
- Cash and Cash equivalents | ||||
- Marketable Securities | ||||
- Accounts Receivable (net) | ||||
- Merchandise inventory | ||||
- Other current assets | ||||
Noncurrent assets | ||||
- Property, plant and equiptment (net) | ||||
- Intangible assets | ||||
- Other assets | ||||
Total assets | ||||
Liabilities and shareholders' equity | ||||
Current liabilities | ||||
- Short-term obligations | ||||
- Accounts payable and other liabilities | ||||
- Income taxes payable | ||||
Noncurrent liabilities | ||||
- Long-term debt | ||||
- Other liabilities and deferred taxes | ||||
Shareholders' equity | ||||
- Perferred stock (net of repurchased stock) | ||||
- Common stock | ||||
- Retained earnings | ||||
- Accumulated income (loss) | ||||
- treasury stock | ||||
Total liabilities and shareholders' equity |
Common Size Income Statement:
Nike- Common Size Income Statement Years ended December 2017 and December 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2017 | 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amount | percent | Amount | percent | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Sales | $34350000 | 32376000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cost of goods sold | 19038000 | 17405000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Gross Margin | 15312000 | 44.6% |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Selling and administrative expenses | 10563000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Other operating expenses | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Operating Income | 4749000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Interest Expense | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Other Income (expense; net) | 196000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income before taxes | 4886000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income tax expense | 646000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Income | 4240000 |
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