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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.

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.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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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