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Net income for Nike = 1,933 For questions 15 17, assume that Nikes stock price is $71.80 per share and that there are 1,623,800,000 shares
Net income for Nike = 1,933
For questions 15 17, assume that Nikes stock price is $71.80 per share and that there are 1,623,800,000 shares outstanding.
15. (3 points) What is Nikes market value? __________
16. (3 points) What is the earnings per share? __________
17. (2 points) What is the price-to-earnings (P/E) ratio? __________
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