EDGAR: Nike (ticker: NKE) Visit www.sec.gov and search for the Nike annual report (10-K) for the year ended May 31, 2022, using EDGAR. Required: 1. Locate the "Consolidated Balance Sheets" and answer the following questions: a. What is the amount of total assets for the most recent year? b. What is the amount of total shareholders' equity for the most recent year? c. Calculate total liabilities for the most recent year. 2. Locate the "Consolidated Statements of Income" and answer the following questions: a. What is the amount of revenue for the most recent year? Did it increase or decrease from the previous year? b. What is the amount of net income for the most recent year? Did it increase or decrease from the previous year? 3. Locate the "Consolidated Statements of Cash Flows" and answer the following questions: a. What is the amount of operating cash flows for the most recent year? How did the operating cash flow change from the previous year? b. What is the amount of investing cash flows for the most recent year? How did the investing cash flow change from the previous year? c. What is the amount of financing cash flows for the most recent year? How did the financing cash flow change from the previous year? Note: For all requirements, enter your answers in millions. 1a. Total assets million 1b. Total shareholders' equity million 1c. Total liabilities million 2a. Revenue million increased 2b. Net income million increased 3a. Operating cashflows million than the previous year. 3b. Investing cashflows million 3c. Financing cashflows million than those of the previous year. than the previous year.

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 15P: Included in the December 31, 2018, Jacobi Company balance sheet was the following shareholders...
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EDGAR: Nike (ticker: NKE)
Visit www.sec.gov and search for the Nike annual report (10-K) for the year ended May 31, 2022, using EDGAR.
Required:
1. Locate the "Consolidated Balance Sheets" and answer the following questions:
a. What is the amount of total assets for the most recent year?
b. What is the amount of total shareholders' equity for the most recent year?
c. Calculate total liabilities for the most recent year.
2. Locate the "Consolidated Statements of Income" and answer the following questions:
a. What is the amount of revenue for the most recent year? Did it increase or decrease from the previous year?
b. What is the amount of net income for the most recent year? Did it increase or decrease from the previous year?
3. Locate the "Consolidated Statements of Cash Flows" and answer the following questions:
a. What is the amount of operating cash flows for the most recent year? How did the operating cash flow change from the
previous year?
b. What is the amount of investing cash flows for the most recent year? How did the investing cash flow change from the
previous year?
c. What is the amount of financing cash flows for the most recent year? How did the financing cash flow change from the
previous year?
Note: For all requirements, enter your answers in millions.
1a. Total assets
million
1b. Total shareholders' equity
million
1c. Total liabilities
million
2a. Revenue
million
increased
2b. Net income
million
increased
3a. Operating cashflows
million
than the previous year.
3b. Investing cashflows
million
3c. Financing cashflows
million
than those of the previous year.
than the previous year.
Transcribed Image Text:EDGAR: Nike (ticker: NKE) Visit www.sec.gov and search for the Nike annual report (10-K) for the year ended May 31, 2022, using EDGAR. Required: 1. Locate the "Consolidated Balance Sheets" and answer the following questions: a. What is the amount of total assets for the most recent year? b. What is the amount of total shareholders' equity for the most recent year? c. Calculate total liabilities for the most recent year. 2. Locate the "Consolidated Statements of Income" and answer the following questions: a. What is the amount of revenue for the most recent year? Did it increase or decrease from the previous year? b. What is the amount of net income for the most recent year? Did it increase or decrease from the previous year? 3. Locate the "Consolidated Statements of Cash Flows" and answer the following questions: a. What is the amount of operating cash flows for the most recent year? How did the operating cash flow change from the previous year? b. What is the amount of investing cash flows for the most recent year? How did the investing cash flow change from the previous year? c. What is the amount of financing cash flows for the most recent year? How did the financing cash flow change from the previous year? Note: For all requirements, enter your answers in millions. 1a. Total assets million 1b. Total shareholders' equity million 1c. Total liabilities million 2a. Revenue million increased 2b. Net income million increased 3a. Operating cashflows million than the previous year. 3b. Investing cashflows million 3c. Financing cashflows million than those of the previous year. than the previous year.
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