Nike Inc. provides the following as of May 31, 2023:

• Balance Sheet:
  • Cash: $8 billion
  • Accounts Receivable: $6 billion
  • Inventory: $5 billion
  • Total Current Assets: $19 billion
  • Total Assets: $50 billion
  • Accounts Payable: $7 billion
  • Short-term Debt: $2 billion
  • Long-term Debt: $8 billion
  • Shareholders’ Equity: $33 billion
• Income Statement:
  • Revenue: $40 billion
  • Cost of Goods Sold: $20 billion
  • Operating Expenses: $12 billion
  • Interest Expense: $0.5 billion
  • Tax Rate: 25%

Requirements:

1. Calculate the current ratio.
2. Determine the operating margin.
3. Compute the debt-to-equity ratio.
4. Evaluate the net profit margin.