Please do the following ratios:
Horizontal analysis for sales and Account receivable (good or bad)
Calculate the Current Ratio (for two years) and the Quick Ratio (for two years), comment on the trend.
Activity Ratio --- Account Receivable (Turnover Ratio and Days to Collect) for 2 years
Activity Ratio --- Inventory (Turnover Ratio and Days to Collect for 2 years
NIKE, Inc. Consolidated Statements of Income 2018 2016 (in millions, except por sharo data) Revenues Cost of sales Gross profit Demand creation expense Operating overhead expense Total selling and administrative expense Interest expense (income), net Other expense (income). net Income before income taxes Income tax expense NET INCOME 36,397 20.441 15.956 3.577 7.934 11,511 54 66 4.325 2392 1,933 Year Ended May 31. 2017 $ 34,350 $ 19.038 15,312 3.341 7.222 10.563 59 (196) 4.886 646 $ 4,240 $ 32,376 17.405 14.971 3.278 7.191 10.469 19 (140) 4.623 863 3,760 $ Earnings per common share: Basic Diluted $ $ 221 1.19 1.17 2.56 2.51 $ $ 2.16 0.78 $ 0.70 $ 0.62 Dividends declared per common share The accompanying Notes to the Consolidated Financial Statements are an integral part of this statement. NIKE, Inc. Consolidated Balance Sheets May 31, 2018 2017 $ 4.249 996 3.498 5.261 1.130 15.134 4.454 285 154 2.500 22,536 3,808 2.371 3,677 5,055 1,150 16.061 3.989 283 139 2.787 23,259 $ 6 (in millions) ASSETS Current assets: Cash and equivalents Short-term investments Accounts receivable, net Inventories Prepaid expenses and other current assets Total current assets Property, plant and equipment, net Identifiable intangible assets, net Goodwill Deferred income taxes and other assets TOTAL ASSETS LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Current portion of long-term debe Notes payable Accounts payable Accrued liabilities Income taxes payable Total current liabilities Long-term debe Deferred income taxes and other liabilities Commitments and contingencies (Note 15) Redeemable preferred stock Shareholders' equity: Common stock at stated value Class A convertible - 329 and 329 shares outstanding Class B - 1,272 and 1,314 shares outstanding Capital in excess of stated value Accumulated other comprehensive loss Retained earnings Total shareholders' equity TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY The accompanying Notes to the Consolidated Financial Statements are an integral part of this statement 336 2.279 325 2,048 3,011 84 3.269 150 6,040 3,468 3.216 5,474 3.471 1,907 3 6,384 (92) 3,517 3 5.710 (213) 6.907 9.812 12.407 23,259 22,536 S
