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The financial statements for Nike, Inc., are available at the appendix C. The following additional information (in millions) is available: Financial Statement Analysis The financial

The financial statements for Nike, Inc., are available at the appendix C. The following additional information (in millions) is available: image text in transcribed
Financial Statement Analysis The financial statements for Nike, Inc., are available at the Appendix C link above. The following additional information in millions) is available: Accounts receivable at May 31, 2011: $3.138 Inventories at May 31, 2011: 2,715 Total assets at May 31, 2011: 14,998 Stockholders' equity at May 31, 2011: 9,843 Determine the following measures for the fiscal years anded May 31, 2013 (fiscal 2012), and May 31, 2012 (fiscal 2011). 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 2011 9,700 b. Working capital in milons) Current ratio Quick ratio Accounts receivable turnover Number of days' sales in receivables t 1.5 inventory turnover Number of days' sales in inventory h. Ratio of liabilities to stockholders' equity Ratio of sales to assets 1 Rate earned on total assets, assuming interest expenses 23 million for the year ending May 31, 2013 and 1 milion for the year ending May 31, 2012 Rate cared on stockholders' equity Price-carnings ratio, assuming that the market price was 561.66 per share on May 31, 2013, and $53.10 per share on May 31, 2012 m. Percentage relationship of net income to sales 14.9 X 14.4 X more Check My Wort uses remaining

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