To calculate what percentage one amount is of another amount, you divide the smaller amount by the total that contains the smaller amount. Using Nike as an example, Cash for . Total assets for . To calculate what percentage cash is of total assets, use the following formula: Cash, $3,138,000,000 total assets, $21,396,000,000. The answer is 0.14666, or 14.67%.

Instructions

1. Use the information on page B-7 in Appendix B. Find the amount of accounts receivables and total assets for Nike for 2016 and 2015. Calculate what percentage accounts receivables are of total assets for 2016 and 2015.

2. Did the percentage increase or decrease over this period of time?

3. If this percentage would increase rapidly, what could be happening?