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please help me understand the process for getting these answers Financial Statement Analysis The financial statements for Nike, Inci, are presented in Appendiox C, Use
please help me understand the process for getting these answers
Financial Statement Analysis The financial statements for Nike, Inci, are presented in Appendiox C, Use the foliowing adoitional information (in mililions): 1. Determine the following measures for the fiscal years ended May 31, 2018, and May 31, 2017. Assume 365 days a year, Do not round Interim calculations, fround the working capital amount in part (a) to the nearest dollar. Round all other final answers to one decimal place. When required, use the rounded final answers in subsequent computations. 2. The working copital decreased - between 2017 and 2018. The current and quick rotios both and number of days' sales in recelvables slightely, The margin of protection to creditors during 2016. The accounts recelvabie turnover during 2018. The return on stockholders' equity NIKE, Inc. Consolidated Statements of Income NIKE, Inc. Consolidated Statements of Comprehensive Income The accompaying Nowe to the Conscldated Financial Statements are an integrat pot of this atanenent. NIKE, Inc. Consolidated Balance Sheets (in indions) May 31. Assets Cument assets: LUBAmES AND SHAREHOLDER' EOUTY Cumert latalitet: Cuntert portion of long-term dett Comntrents and controencies (Note 15) Pedewnable preterred swock. Shwreholders' eajly? Comenon stock at staled value. Cass A comentile - 220 and 229 shaces outatandire Cass B1,272 and 1,314 thare outsending Cacital in exees of stated value Acoumlyted other comprohenwive ioss Retained eamings Total thambolden' equty TOTAL WABItITES AND SHAREHOLOERS' EOUTY NIKE, Inc. Consolidated Statements of Cash Flows (titimition. Year Ended May 31. Cosh provided ty operations: Net incomel Derrocistion Wet loregioumenty ah witmerts Changes in certain working captel componterts and other asests and labilies: partase) in meertisies Decress (norease) in precaid espences end other cunent ard noncurert assets Cant provided by ocerstone Cash provised (wese) by lavesting actlvities: Mrthases of thothem imestmerts Maturtes of thotherm inestreets Sales of short werm invetments investruits in reverse recurthase ngreenerts Asseces to prepey. plart ard essowert Diposals of propedes plont ard equpmert Oher inestere acteves Covh feovided (used) by invesing actwies Cash veed by financles setivities: NIKE, Inc. Consolidated Statements of Shareholders' Equity Step by Step Solution
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