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Using the following financial data of Nike Inc. for the years 2018, 2019, and 2020, answer the questions below: 2018 2019 2020 Sales $36,397 $39,117

Using the following financial data of Nike Inc. for the years 2018, 2019, and 2020, answer the questions below:


2018

2019

2020

Sales

$36,397

$39,117

$37,403

Cost of Sales

$20,862

$21,930

$21,071

Gross Profit

$15,535

$17,187

$16,332

Operating Expenses

$9,807

$10,234

$11,153

Operating Income

$5,728

$6,953

$5,179

Net Income

$1,933

$4,029

$2,539



2018

2019

2020

Total Assets

$22,536

$23,717

$31,342

Total Liabilities

$12,901

$12,932

$19,199

Shareholders' Equity

$9,635

$10,785

$12,143

Requirements:

  1. Calculate the gross profit margin for each year.
  2. Determine the operating profit margin for each year.
  3. Calculate the net profit margin for each year.
  4. Compute the return on assets (ROA) for each year.
  5. Compute the return on equity (ROE) for each year.
  6. Provide an analysis of Nike Inc.'s financial performance over these three years.

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