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Verifying Articulation of Financial Statements Access the 2014 10-K for Nike at the SEC's EDGAR database of financial reports (www.sec.gov). Using its consolidated statement of
Verifying Articulation of Financial Statements Access the 2014 10-K for Nike at the SEC's EDGAR database of financial reports (www.sec.gov). Using its consolidated statement of stockholders' equity, prepare a table similar to Exhibit 1.9 showing the articulation of its retained (reinvested) earnings for the year ended May 31, 2013. Click link to access a copy of Nike's 2014 10-K: View Nike's 2014 10-K Use negative signs with answers that reduce retained earnings. Nike Statement of Retained Earnings For Year Ended May 31, 2013 (in millions) Retained earnings, May 31, 2012 Net income for the year ended May 31, 2013 Common stock dividends Other changes Reinvested earnings, May 31, 2013 Include net amount of all other changes to retained earnings excluding net income and dividends on common stock Was Nike more or less profitable in 2014 compared to 2013? Verifying Articulation of Financial Statements Access the 2014 10-K for Nike at the SEC's EDGAR database of financial reports (www.sec.gov). Using its consolidated statement of stockholders' equity, prepare a table similar to Exhibit 1.9 showing the articulation of its retained (reinvested) earnings for the year ended May 31, 2013. Click link to access a copy of Nike's 2014 10-K: View Nike's 2014 10-K Use negative signs with answers that reduce retained earnings. Nike Statement of Retained Earnings For Year Ended May 31, 2013 (in millions) Retained earnings, May 31, 2012 Net income for the year ended May 31, 2013 Common stock dividends Other changes Reinvested earnings, May 31, 2013 Include net amount of all other changes to retained earnings excluding net income and dividends on common stock Was Nike more or less profitable in 2014 compared to 2013
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