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Nike, Inc. invested $2.5 billion in a new global marketing campaign. The company provided the following financial data: Investment in Marketing Campaign: $2.5 billion Total
- Nike, Inc. invested $2.5 billion in a new global marketing campaign. The company provided the following financial data:
- Investment in Marketing Campaign: $2.5 billion
- Total Revenue: $37 billion
- Operating Expenses: $28 billion
- Net Income: $4.5 billion
- Requirements:
- Calculate Nike’s operating profit margin after accounting for the marketing campaign.
- Prepare an income statement showing the impact of the marketing campaign on net income.
- Analyze the strategic benefits of the global marketing campaign for Nike.
- Discuss the classification of marketing expenses in Nike’s financial statements.
- Evaluate the impact of the marketing campaign on Nike’s brand equity and market position.
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