Using NIKE's latest annual 10-K report as of May 31, 2021. Answer the following questions on an excel sheet:

• Go into the footnotes of NIKE's financial statements in the NIKE 10k and find the following:
  • The effective interest rate on Long-Term Debt
  • Plans to pay down Long Term Debt
  • Effective tax rate (as a % of Pretax Income)
• Make Assumptions for the following Value Drivers and have a reason for each based on your calculations and things you know about your company:
  • Sales Growth %
  • COGS as a % of Sales Revenue
  • SG&A as a % of Sales Revenue
  • Interest Rate (as a % of Long Term Debt)
  • Tax Rate (as a % of Pretax Income)
  • PP&E (Gross) Growth
  • Pay Down of Long Term Debt (in $$)

2 - Write up what you think about the latest NIKE inc annual 10k. You want to convince me that you a) know a lot about NIKE inc and its strategy and b) incorporate that knowledge into your forecasts.

Remember, you are using the latest NIKE inc annual 10k

https://s1.q4cdn.com/806093406/files/doc_downloads/2021/08/Nike10k2021.pdf