Section E: Financial Statement Analysis--Ratios Method Listed below are various ratios of NIKE, Inc. for the current year current year and the prior year. Current 2.8 Current Ratio . . . Quick Ratio . 1.6 1.5 9.8 Accounts Receivable Turnover 9.5 Number of days' sales in receivables. . 37.2 38.6 Inventory Turnover . . . . 3.8 4.0 Number of days' sales in inventory. 96.2 91.4 Ratio of Liabilities to Stockholders' Equity. 0.7 0.7 Asset Turnover . . . . 1.5 1.5 Return on Total Assets 17.6% 16.4% Return on Common Stockholders' Equity . 30.1% 26.5% . . . $2.21 $1.85 Earnings per Share . Market price per Share . . . $54.90 $52.81 Price-earnings Ratio . . . . . 24.8 28.5 Phat conclusions can be drawn from these ratios as to NIKE's liquidity, solvency, and ofitability