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