Use the income statement for Nike (available in Content folder on Blackboard) and the following additional information (in millions) and the financial statements for Nike:
Accounts receivable at May 31, 2019 $4,272
Inventories at May 31, 2019$5,622
Total assets at May 31, 2019 $23,717
Stockholders' equity at May 31, 2019 $9,040
Required: determine the following measures for the fiscal years ended May 31, 2021. Round ratios and percentages to one decimal place.
NIKE, INC. CONSOLIDATED STATEMENTS OF INCOME The accomparying Notes to the Consolldated Financial Statements are an integral part of this statement. NIKE, INC. NIKE, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS NIKE, INC. Problem 2. [30 points] a. Horizontal analysis. Compare changes in operating results from year to year. Required: using the income statement for Nike (available in "Content" folder on Blackboard), compute the percentage change for the following items: b. Use the income statement for Nike (available in "Content" folder on Elackboard) and the following additional information (in millions) and the financial statements for Nike: Accounts receivable at May 31, 2019 Inventories at May 31, 2019 $5.622 Total assets at May 31, 2019 Stockholders' equity at May 31, 2019 $9.040 Required: deternine the following measures for the fiscal years endod May 31, 2021. Round ratios and percentages to ane NIKE, INC. CONSOLIDATED STATEMENTS OF INCOME The accomparying Notes to the Consolldated Financial Statements are an integral part of this statement. NIKE, INC. NIKE, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS NIKE, INC. Problem 2. [30 points] a. Horizontal analysis. Compare changes in operating results from year to year. Required: using the income statement for Nike (available in "Content" folder on Blackboard), compute the percentage change for the following items: b. Use the income statement for Nike (available in "Content" folder on Elackboard) and the following additional information (in millions) and the financial statements for Nike: Accounts receivable at May 31, 2019 Inventories at May 31, 2019 $5.622 Total assets at May 31, 2019 Stockholders' equity at May 31, 2019 $9.040 Required: deternine the following measures for the fiscal years endod May 31, 2021. Round ratios and percentages to ane
