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please show work, thank you please show work thank you 1. NIXING Financial Statement Analysis The financial statements for Nike, ne represented in And Use
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1. NIXING Financial Statement Analysis The financial statements for Nike, ne represented in And Use the finalidation in Accelet May 11, 2016 13,241 Inventaries at May 31, 2016 4,30 Tost May 31, 2018 21.30 stockholders guty May 31, 2016 1. Determine the following matures for the years ended Movil, 2013, and May 1, 2017 Asundar Denetrend interim calculations. Bund the working capital minin art to the matter Round all other in lanswers to one decimal. When required, use the rounded final anwesiguent computations May 31, 2018 May 31, 2017 w tin Current tes 0 bers Rent Astma Reum 1 1. Passuming that the market prices $72.12 share on May 20, 2018 and 153.05 por share on May 30, 2017 2. The working capital between 2017 and 2015. The current and Quickbeth ly. The margin of protection to creditors Thermalt during 2018. The consectetur during 2018. There werden NIKE, Inc. Consolidated Statements of Income $ 2010 56397 20,441 15.95 3.577 7,934 Year Ended May 21, 2017 $ 34,350 $ 19,038 15.312 3.341 7222 2016 32.376 17.405 14.971 3.270 7,191 (in milion except per share data) Reveres Cost of als Gross proht Demand creation expense Og overhead expense Total seting and administrative expense Interest expense income.net Orexpense (income.net Income before income ones Income tax expense NET INCOME 10.49 10.563 50 (140) 11.511 54 66 4.325 2.392 1.099 640 4.240 3 2760 Earings per common share $ 2.56 5 110 1.17 221 2.16 5 Dited 5 251 5 78 $ TOS Dividends declared per common share 5 The companying on to the Conde Francial Statements and regral part of here NIKE, Inc. Consolidated Statements of Comprehensive Income 2010 Year Ended May 31 2017 5 240 2016 1.993 3.700 10 (170) (757) (515) ma Net income Other comprehensive income one of taxe Change in ne foreign currency to adjustment Change in net gains coses) on cash flow hedges Change in het gains doses) on her Total other comprehensive income foss, net of tax TOTAL COMPREHENSIVE INCOME The accompanying Notes to the Consolidated Fan Statements are an ing part of this 76 34 104 2,037 $ 5 2.700 NIKE, Inc. Consolidated Balance Sheets May 31, 2016 2017 42495 3. 5.251 SOS 1159 16.061 2. 15.134 4.454 ASSETS Current asses Cash and events Short term investments Accounts receivabinet Inventories Prepaid expenses and other areas Tot current assets Property, plant andre Identifiable intangble asset Good Deferred income and other assets TOTAL ASSETS LUABILITIES AND SHAREHOLDERS EQUITY Currenties Current portion of long-term Notas payable Accounts payable Accuedes Income taxes payable 2787 2509 22.596 2.270 1200 2.048 3.011 6040 5.414 3.411 3.216 To currenties Long-term de Deferred income taxes and others Comments and contingences (Note 15) Redente preferred Mock Shareholders' equity Common stock at du Class A convertible-329 and 329 share outstanding Class B - 1.272 and 1.314 shares outstanding Capital in excess of stand value Accumulated other comprehensive loss Retained ang Total shareholders TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY The accompanying Notes to the Consolidated Finance Samanal part of this statement 6384 5710 3.517 8.SOT 9,812 22.536 5 Year Ended May 21 2017 2018 2016 5 4240 $ 3.700 747 547 700 ) 215 10 210 21 109 649 (00) 2:30 13 90 in min) Cash provided by operations Net Income Adutents to reconcile net income to net cash provided by operations Depreciation Deferred income taxes Stock-based compensation Amortization and other Net foreign currency adjustments Changes in certain woning capital components and other sets and tables Decrease increase in accounts receivable increase in inventories Decrease (nors) in prepaid expenses and other current and current Increase (decrease in accounts payate, accrued abilities and other current and noncuerunt abilities Cash provided by operations Cash provided (used by investing activities: Purchases of short-term investments Matures of short term investments Sales of short term investments Investments in reverse repurchase agreements Assons to property, plant and equipment Disposals of property, plant and equipment Other investing activities 187 256) 36 (420) 231) (120) (1992 3.646 60 (50) (161) 1815 4.955 2.300 (4.783) 3.613 2400 3693 2423 (536) 2004 2,386 159 (1.143) (1.028) 11.105) 13 3 04 (1.000) (1054) 981 1.482 (44) 307 (106) 16) 13 6231 733 9.3 14.2543 (1.243) (55) 14,835) (3.236) (1.022 (22) Cash provided (used) by investing activities Cash used by financing activities: Net proceeds from long-term doctissance Long-term det payments, including current portion Increase (decrease in notes payable Payments on capital lease and other financing obligations Proceeds from exercise of stock options and other stock issuances Repurchase of common stock Dividends - common and preferred Tax payments for ret share settement of equity awards Cash used by financing activities Efecto exchange date changes on cash and equivalents Net increase (decrease in cash and equivalents Cash and covalents, beginning of your CASH AND EQUIVALENTS, END OF YEAR Supplemental disclosure of cash flow Information Cash paid during the year for Interest, net of captured interest Income Non cash aditions to property.plant and equipment Divonds declared and not paid The accompanying Notes to the Consolidated States are now parts 489 (3.223) 11.133) (29) 22.148) (20) 670 3.130 45 (2.974) (100) (14) 441 3.MOS 4249 3.600 5 3.130 30 $ 70 529 2004 320 103 200 300 271 Class A Shared Amount 355 5 Retained Other Comprehensive Income Class o Shares Amount 1,357 3 22 Excess of Stated Value $ 4165 600 7.2935 Total 12.10T 680 meer hare data) Balance at May 31, 2015 Stock options exercise Conversion to CB Common Stock Repurchase of Class Common Stock Dividends on common shock (80 62 per there and preferred stock 10 (2) 2 155) (140) 0.000) 0.230) (1.091 105 (11) 4 200 3,700 3.700 (920) 318 5038 S . 1,320 17 24 12,250 Nas (244 (180) aj 11.150) 11,11501 Imance of shares to employees net of shares with foreployees Stock-based compensation Netcom Oper comprehensive come ou) Balance May 31, 2016 Stocktons exercise Conversion to Class Common Repurchase of Case Common Stock Duders en ons (TO Waren perted (10.10 share) Issuance of shares to employees net of whares wie for employees Stoc based compensation Newcom Other comprehensive come to Balance May 31, 2017 Stock options exercised Convention Class B Common Stock Repurchase of Class Common Stock Dividends on common stock (0.78 per whare and preferred lock ( 10 per 215 4240 100 205 240 (30) 12.407 1314 3:20 3 S 0 (213) . 1 NOT 5710 600 24 (TO 2013) 2001 110 210 1.905 1.03 Issuance of shares to employees, net of shares with foreployee taxes Stock based compensation Netcome Other comprehensive income oso) Recowions to retained earnings in accordance with ASU 2016-02 Balance May 31, 2018 104 104 (92) $ 5 364 1511 1 1.272 1 1. NIXING Financial Statement Analysis The financial statements for Nike, ne represented in And Use the finalidation in Accelet May 11, 2016 13,241 Inventaries at May 31, 2016 4,30 Tost May 31, 2018 21.30 stockholders guty May 31, 2016 1. Determine the following matures for the years ended Movil, 2013, and May 1, 2017 Asundar Denetrend interim calculations. Bund the working capital minin art to the matter Round all other in lanswers to one decimal. When required, use the rounded final anwesiguent computations May 31, 2018 May 31, 2017 w tin Current tes 0 bers Rent Astma Reum 1 1. Passuming that the market prices $72.12 share on May 20, 2018 and 153.05 por share on May 30, 2017 2. The working capital between 2017 and 2015. The current and Quickbeth ly. The margin of protection to creditors Thermalt during 2018. The consectetur during 2018. There werden NIKE, Inc. Consolidated Statements of Income $ 2010 56397 20,441 15.95 3.577 7,934 Year Ended May 21, 2017 $ 34,350 $ 19,038 15.312 3.341 7222 2016 32.376 17.405 14.971 3.270 7,191 (in milion except per share data) Reveres Cost of als Gross proht Demand creation expense Og overhead expense Total seting and administrative expense Interest expense income.net Orexpense (income.net Income before income ones Income tax expense NET INCOME 10.49 10.563 50 (140) 11.511 54 66 4.325 2.392 1.099 640 4.240 3 2760 Earings per common share $ 2.56 5 110 1.17 221 2.16 5 Dited 5 251 5 78 $ TOS Dividends declared per common share 5 The companying on to the Conde Francial Statements and regral part of here NIKE, Inc. Consolidated Statements of Comprehensive Income 2010 Year Ended May 31 2017 5 240 2016 1.993 3.700 10 (170) (757) (515) ma Net income Other comprehensive income one of taxe Change in ne foreign currency to adjustment Change in net gains coses) on cash flow hedges Change in het gains doses) on her Total other comprehensive income foss, net of tax TOTAL COMPREHENSIVE INCOME The accompanying Notes to the Consolidated Fan Statements are an ing part of this 76 34 104 2,037 $ 5 2.700 NIKE, Inc. Consolidated Balance Sheets May 31, 2016 2017 42495 3. 5.251 SOS 1159 16.061 2. 15.134 4.454 ASSETS Current asses Cash and events Short term investments Accounts receivabinet Inventories Prepaid expenses and other areas Tot current assets Property, plant andre Identifiable intangble asset Good Deferred income and other assets TOTAL ASSETS LUABILITIES AND SHAREHOLDERS EQUITY Currenties Current portion of long-term Notas payable Accounts payable Accuedes Income taxes payable 2787 2509 22.596 2.270 1200 2.048 3.011 6040 5.414 3.411 3.216 To currenties Long-term de Deferred income taxes and others Comments and contingences (Note 15) Redente preferred Mock Shareholders' equity Common stock at du Class A convertible-329 and 329 share outstanding Class B - 1.272 and 1.314 shares outstanding Capital in excess of stand value Accumulated other comprehensive loss Retained ang Total shareholders TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY The accompanying Notes to the Consolidated Finance Samanal part of this statement 6384 5710 3.517 8.SOT 9,812 22.536 5 Year Ended May 21 2017 2018 2016 5 4240 $ 3.700 747 547 700 ) 215 10 210 21 109 649 (00) 2:30 13 90 in min) Cash provided by operations Net Income Adutents to reconcile net income to net cash provided by operations Depreciation Deferred income taxes Stock-based compensation Amortization and other Net foreign currency adjustments Changes in certain woning capital components and other sets and tables Decrease increase in accounts receivable increase in inventories Decrease (nors) in prepaid expenses and other current and current Increase (decrease in accounts payate, accrued abilities and other current and noncuerunt abilities Cash provided by operations Cash provided (used by investing activities: Purchases of short-term investments Matures of short term investments Sales of short term investments Investments in reverse repurchase agreements Assons to property, plant and equipment Disposals of property, plant and equipment Other investing activities 187 256) 36 (420) 231) (120) (1992 3.646 60 (50) (161) 1815 4.955 2.300 (4.783) 3.613 2400 3693 2423 (536) 2004 2,386 159 (1.143) (1.028) 11.105) 13 3 04 (1.000) (1054) 981 1.482 (44) 307 (106) 16) 13 6231 733 9.3 14.2543 (1.243) (55) 14,835) (3.236) (1.022 (22) Cash provided (used) by investing activities Cash used by financing activities: Net proceeds from long-term doctissance Long-term det payments, including current portion Increase (decrease in notes payable Payments on capital lease and other financing obligations Proceeds from exercise of stock options and other stock issuances Repurchase of common stock Dividends - common and preferred Tax payments for ret share settement of equity awards Cash used by financing activities Efecto exchange date changes on cash and equivalents Net increase (decrease in cash and equivalents Cash and covalents, beginning of your CASH AND EQUIVALENTS, END OF YEAR Supplemental disclosure of cash flow Information Cash paid during the year for Interest, net of captured interest Income Non cash aditions to property.plant and equipment Divonds declared and not paid The accompanying Notes to the Consolidated States are now parts 489 (3.223) 11.133) (29) 22.148) (20) 670 3.130 45 (2.974) (100) (14) 441 3.MOS 4249 3.600 5 3.130 30 $ 70 529 2004 320 103 200 300 271 Class A Shared Amount 355 5 Retained Other Comprehensive Income Class o Shares Amount 1,357 3 22 Excess of Stated Value $ 4165 600 7.2935 Total 12.10T 680 meer hare data) Balance at May 31, 2015 Stock options exercise Conversion to CB Common Stock Repurchase of Class Common Stock Dividends on common shock (80 62 per there and preferred stock 10 (2) 2 155) (140) 0.000) 0.230) (1.091 105 (11) 4 200 3,700 3.700 (920) 318 5038 S . 1,320 17 24 12,250 Nas (244 (180) aj 11.150) 11,11501 Imance of shares to employees net of shares with foreployees Stock-based compensation Netcom Oper comprehensive come ou) Balance May 31, 2016 Stocktons exercise Conversion to Class Common Repurchase of Case Common Stock Duders en ons (TO Waren perted (10.10 share) Issuance of shares to employees net of whares wie for employees Stoc based compensation Newcom Other comprehensive come to Balance May 31, 2017 Stock options exercised Convention Class B Common Stock Repurchase of Class Common Stock Dividends on common stock (0.78 per whare and preferred lock ( 10 per 215 4240 100 205 240 (30) 12.407 1314 3:20 3 S 0 (213) . 1 NOT 5710 600 24 (TO 2013) 2001 110 210 1.905 1.03 Issuance of shares to employees, net of shares with foreployee taxes Stock based compensation Netcome Other comprehensive income oso) Recowions to retained earnings in accordance with ASU 2016-02 Balance May 31, 2018 104 104 (92) $ 5 364 1511 1 1.272 1 Step by Step Solution
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