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Using the income Statement and Balance Sheet for Nike, can we determine the Liquidity Ratio, Solvency Ratio and Profitability Ratio? Income Statement: Annual Income Statement

Using the income Statement and Balance Sheet for Nike, can we determine the Liquidity Ratio, Solvency Ratio and Profitability Ratio?

Income Statement:

Annual Income Statement (values in 000's)

Period Ending:

5/31/2017

5/31/2016

5/31/2015

5/31/2014

Total Revenue

$34,350,000

$32,376,000

$30,601,000

$27,799,000

Cost of Revenue

$19,038,000

$17,405,000

$16,534,000

$15,353,000

Gross Profit

$15,312,000

$14,971,000

$14,067,000

$12,446,000

Operating Expenses

Research and Development

$0

$0

$0

$0

Sales, General and Admin.

$10,563,000

$10,469,000

$9,892,000

$8,766,000

Non-Recurring Items

$0

$0

$0

$0

Other Operating Items

$0

$0

$0

$0

Operating Income

$4,749,000

$4,502,000

$4,175,000

$3,680,000

Add'l income/expense items

$196,000

$140,000

$58,000

($103,000)

Earnings Before Interest and Tax

$4,886,000

$4,623,000

$4,205,000

$3,544,000

Interest Expense

$0

$0

$0

$0

Earnings Before Tax

$4,886,000

$4,623,000

$4,205,000

$3,544,000

Income Tax

$646,000

$863,000

$932,000

$851,000

Minority Interest

$0

$0

$0

$0

Equity Earnings/Loss Unconsolidated Subsidiary

$0

$0

$0

$0

Net Income-Cont. Operations

$4,240,000

$3,760,000

$3,273,000

$2,693,000

Net Income

$4,240,000

$3,760,000

$3,273,000

$2,693,000

Net Income Applicable to Common Shareholders

$4,240,000

$3,760,000

$3,273,000

$2,693,000

Balance Sheet:

Top of Form

Annual Income Statement (values in 000's)

Bottom of Form

Period Ending:

5/31/2017

5/31/2016

5/31/2015

5/31/2014

Current Assets

Cash and Cash Equivalents

$3,808,000

$3,138,000

$3,852,000

$2,220,000

Short-Term Investments

$2,371,000

$2,319,000

$2,072,000

$2,922,000

Net Receivables

$3,677,000

$3,241,000

$3,358,000

$3,789,000

Inventory

$5,055,000

$4,838,000

$4,337,000

$3,947,000

Other Current Assets

$1,150,000

$1,489,000

$1,968,000

$818,000

Total Current Assets

$16,061,000

$15,025,000

$15,587,000

$13,696,000

Long-Term Assets

Long-Term Investments

$0

$0

$0

$0

Fixed Assets

$3,989,000

$3,520,000

$3,011,000

$2,834,000

Goodwill

$139,000

$131,000

$131,000

$131,000

Intangible Assets

$283,000

$281,000

$281,000

$282,000

Other Assets

$0

$0

$0

$0

Deferred Asset Charges

$2,787,000

$2,422,000

$2,587,000

$1,651,000

Total Assets

$23,259,000

$21,379,000

$21,597,000

$18,594,000

Current Liabilities

Accounts Payable

$5,143,000

$5,313,000

$6,151,000

$4,853,000

Short-Term Debt / Current Portion of Long-Term Debt

$331,000

$45,000

$181,000

$174,000

Other Current Liabilities

$0

$0

$0

$0

Total Current Liabilities

$5,474,000

$5,358,000

$6,332,000

$5,027,000

Long-Term Debt

$3,471,000

$1,993,000

$1,079,000

$1,199,000

Other Liabilities

$0

$0

$0

$0

Deferred Liability Charges

$1,907,000

$1,770,000

$1,479,000

$1,544,000

Misc. Stocks

$0

$0

$0

$0

Minority Interest

$0

$0

$0

$0

Total Liabilities

$10,852,000

$9,121,000

$8,890,000

$7,770,000

Stock Holders Equity

Common Stocks

$3,000

$3,000

$3,000

$3,000

Capital Surplus

$8,638,000

$7,786,000

$6,773,000

$5,865,000

Retained Earnings

$3,979,000

$4,151,000

$4,685,000

$4,871,000

Treasury Stock

$0

$0

$0

$0

Other Equity

($213,000)

$318,000

$1,246,000

$85,000

Total Equity

$12,407,000

$12,258,000

$12,707,000

$10,824,000

Total Liabilities & Equity

$23,259,000

$21,379,000

$21,597,000

$18,594,000

Bottom of Form

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