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Nike Inc.s financial summary as of May 31, 2023, includes: Net Sales: $40 billion Cost of Goods Sold: $25 billion Selling, General and Administrative Expenses:
Nike Inc.’s financial summary as of May 31, 2023, includes:
- Net Sales: $40 billion
- Cost of Goods Sold: $25 billion
- Selling, General and Administrative Expenses: $10 billion
- Interest Expense: $1 billion
- Net Income: $3 billion
Evaluate the following:
- Gross Margin.
- Operating Margin.
- Net Margin.
- Return on Sales.
- Interpretation of Nike’s profitability and cost management.
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