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Ratio analysis 2 (15 points) Name: These are the three formulas you will use for the second financial statement analysis. You will use the

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Ratio analysis 2 (15 points) Name: These are the three formulas you will use for the second financial statement analysis. You will use the NIKE financial statement located in appendix C. The information required for this ratio analysis is all found on the consolidated balance sheets. You will use the information from both years 5/31/18 and 5/31/17. Round the ratios to the nearest tenth Working capital: Current Assets - Current Liabilities 5/31/18 ratio: 5/31/17 ratio: Current ratio = Current Assets / Current liabilities (Round to the nearest tenth) 5/31/18 ratio: 5/31/17 ratio:

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