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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:

  1. Gross Margin.
  2. Operating Margin.
  3. Net Margin.
  4. Return on Sales.
  5. Interpretation of Nike’s profitability and cost management.

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