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sorry ignore my circles and underlines! but i really need help to understand this assignment Financial statement analysis The financial statements for Nike, Inc., are

sorry ignore my circles and underlines! but i really need help to understand this assignment
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Financial statement analysis The financial statements for Nike, Inc., are presented in Appendix Cal the end of the text. Use the following additional information (in millions): Accounts receivable at May 31, 2016 $ 3,241 Inventories at May 31, 2016 4,838 Total assets at May 31, 2016 21,379 Stockholders' equity at May 31, 2016 12,258 Instructions 1. Determine the following measures for the fiscal years ended May 31, 2018, and May 3162017 Round ratios and percentages to one decimal place. a. Working capital b. Current ratio c. Quick ratio d. Accounts receivable turnover e. Number of days' sales in receivables f. Inventory turnover g. Number of days' sales in inventory h. Ratio of liabilities to stockholders' equity i. Asset turnover j. Return on total assets. k. Return on common stockholders' equity 1. Price-earnings ratio, assuming that the market price was $72.12 per share on May 29, 2018, and $53.06 per share on May 30, 2017 2. What conclusions can be drawn from these analyses? Financial statement analysis The financial statements for Nike, Inc., are presented in Appendix Cal the end of the text. Use the following additional information (in millions): Accounts receivable at May 31, 2016 $ 3,241 Inventories at May 31, 2016 4,838 Total assets at May 31, 2016 21,379 Stockholders' equity at May 31, 2016 12,258 Instructions 1. Determine the following measures for the fiscal years ended May 31, 2018, and May 3162017 Round ratios and percentages to one decimal place. a. Working capital b. Current ratio c. Quick ratio d. Accounts receivable turnover e. Number of days' sales in receivables f. Inventory turnover g. Number of days' sales in inventory h. Ratio of liabilities to stockholders' equity i. Asset turnover j. Return on total assets. k. Return on common stockholders' equity 1. Price-earnings ratio, assuming that the market price was $72.12 per share on May 29, 2018, and $53.06 per share on May 30, 2017 2. What conclusions can be drawn from these analyses

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