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Nike, Inc., a major sportswear manufacturer, reported its financial data for the fiscal year 2023. The company's total assets amounted to $80 billion, with total
Nike, Inc., a major sportswear manufacturer, reported its financial data for the fiscal year 2023.
The company's total assets amounted to $80 billion, with total liabilities of $50 billion. Its net
income for the year stood at $8 billion, and the shareholders' equity was $30 billion.
a) Determine the company's leverage ratio.
b) Calculate the company's debt ratio.
c) Find out the net profit margin of the company.
d) Calculate the return on equity (ROE) percentage.
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