The f in The is (in t Accounts receivable at May 31, 2013: $3,117 Inventories at May 31, 2013: 3,484 Total assets at May 31, 2013: 17,545 Stockholders' equity at May 31, 2013: 11,081 1. Determine the following measures for the fiscal years ended May 31, 2015, and May 31, 2014. Do not round interim calculations. Round 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. Fiscal Year 2015 Fiscal Year 2014 b. Current ratio c. Quick ratio d.Accounts receivable turnover days f. g. h. Inventory turnover Number of days' sales in inventory Ratio of li Return on total assets, assuming interest expense is $28 million for the year ending May 31, 2015, and $24 million for the year ending May 31 2014 j. , % I. Price-earnings ratio, assuming that the market price was $101.67 per share on May 29, 2015, and $76.91 per share on May 30, 2014 Percentage relationship of net income to sales m. v between 2014 and 201s. The current and quick ratios both during 2015. The accounts receivable turnover slightdy. The margin of protection to creditors vduring 2015. The return on common stockholders equity NKE, nc. Consolidated Statements of Income Year Ended May 31 2014 2015 2013 30,601$ 27,700$ 25,313 4,270 11,034 2,745 5,051 Cost of sales 16,534 14,067 3,213 6,679 0802 Gross profit Demand areation expense 12,446 3,031 5,735 8,766 Total selling and administrative expense Interest expense (income), net Notes 6, 7 and 8) Other (income) expense, net (Note 17 ncome before income taxes ncome tax NET INCOME FROM CONTINUING OPERATIONS 4.205 032 3,273 3,273 S 3.80 $ 2,693 2,451 21 2,472 NET INCOME FROM DISCONTINUED OPERATIONS NET INCOME 2,693 $ Eamings per common share from continuing operations: Basic (Notes 1 and 12) Diluted (Notes 1 and 12) Eamings per common share from discontinued operations: 3.05 $ 2.74 2.68 3.70 $ 2.97 $ Notes 1 and 12) Diluted (Notes 1 and 12 Dividends declared per common share 0.02 0.81 1.08 $ The accompaunying Notoe to the Conoliditad Financial Statemento are an intgralipart of thie statnt NIKE, Inc. Consolidated Statements of Comprehensive Income Year Ended May 31 2013 in millions Net income Other comprehensive income loss), net of tax: 3.273 $ 2,693$2,472 Change in net foreign currency translation adjustment Change in net gains (osses) on cash flow hedgesA 1.188 12 8) (161) Change in net gains (osses) on othera Change in relesse of cumulative translation loss related to UmbroM Total other comprehensive income loss), net of taxc 1,161 4.434 S 125 2,597 TOTAL COMPREHENSIVE INCOME 2504 $ The accompanying Notoe to the Consolidisted Financial Statemente are an ntaral part of thie statoment NIKE, Inc. Consolidated Balance Sheets May 31, 2015 2014 Current aseets: Cash and equivalents (Note 6 Short-term investments (Note 6) Acoounts receivable, net (Note 1) Inventories (Notes 1 and 2) Defemed income taxes (Note 9) Prepeid expenees and other current essets Notes 6 and 17 otal current assets Property, plant and equipment, net (Note 3) Identifiable intangible assets, net (Note 4) Goodwill (Note 4) Deferred income taxes and other assete (Notes 6,9 and 17 3852$2.220 2,922 2,072 3,358 3,947 1,968 15,976 3,011 281 131 2,201 21,600 S 818 13,696 2834 131 1,651 18,594 TOTAL ASSETS LIABILITIES AND SHAREHOLDERS' EQUITY Current leblities: Current portion of long-tem debt (Note 8) Notes payable (Note 7) Accounts peyable (Note 7) Accrued labilities (Notes 5, 6 and 17) Income taxes payable Note 9 Total ament ibites Long-term debt (Note 8) Deferred income taxes and other liebilities Notes 6, 9, 13 and 17) Commitments and contingencies (Note 16) Redeemable preferred stock (Note 10) Shareholders' equity: Common stock at stated value (Note 11) Class A convertible 178 and 178 shares outstanding Class B- 679 and 692 shares outstanding Cepital in excess of steted value Accumulated other comprehensive income Note 14) Retained eaminge 107$ 74 2.131 3,951 71 167 1,930 2.491 432 5,027 1,199 1,544 1,079 1,480 3 5865 Total shareholdere equty TOTAL LIABIUTIES AND SHAREHOLDERS' EQUITY The accompanying Notes to the Consoitated Pnancal Statomants ao an ntagral part of tne saturnent 6.773 1.246 4.685 12.707 21.600 S 4871 10824 18,594