Nike, Inc. Income Statement Annual Income Statement (values in 000's) Period Ending: Total Revenue Cost of Revenue Gross Profit Operating Expenses Get Quarterly Data Trend 5/31/2017 5/31/2016 5/31/2015 5/31/2014 $34,350,000 $32,376,000 $30,601,000 $27.799.000 $19.038,000 $17.405.000 $16,534,000 $15,353,000 $15,312,000 $14,971,000 $14,067,000 $12,446,000 Research and Development SO SO SO SO Sales, General and Admin. $10,563,000 $10,469,000 $9,892,000 $8,766,000 Non-Recurring Items $0 SO SO SO Other Operating Items SO SO SO SO 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 50 SO SO SO 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 SO SO SO SO Equity Earnings/Loss Unconsolidated Subsidiary SO SO SO SO Net Income-Cont. Operations Net Income Net Income Applicable to Common Shareholders $4,240,000 $3,760,000 $3,273,000 $2,693,000 $4,240,000 $3,760,000 $3,273,000 $2,693,000 $4,240,000 $3,760,000 $3,273,000 $2,693,000 Nike, Inc. Balance Sheet Annual Income Statement (values in 000's) Get Quarterly Data Period Ending: Trend 5/31/2017 5/31/2016 5/31/2015 5/31/2014 Current Assets Cash and Cash Equivalents III $3.808.000 Short-Term Investments Net Receivables Inventory Other Current Assets Total Current Assets Long-Term Assets Long-Term Investments Fixed Assets Goodwill Intangible Assets Other Assets $2,371,000 $3,138,000 $2,319,000 $3,852,000 $2,220,000 $3,677,000 $3,241,000 $2.072,000 $3,358,000 $2,922,000 $3,789,000 $4.838.000 $5,055,000 $1.150,000 $1,489,000 $1.968,000 $818,000 $16,061,000 $15,025,000 $15,587,000 $13,696,000 $4.337,000 $3,947,000 SO SO SO SO $3.989,000 $3.520.000 $3,011,000 $2.834.000 $139.000 $131.000 $131,000 $131,000 $283,000 $281.000 $281,000 $282,000 SO SO SO SO Deferred Asset Charges $2,787,000 $2.422,000 $2.587,000 $1,651,000 Total Assets Current Liabilities Accounts Payable Short-Term Debt / Current Portion of Long-Term Debt Other Current Liabilities Total Current Liabilities Long-Term Debt Other Liabilities Deferred Liability Charges Misc. Stocks $23,259,000 $21,379,000 $21,597,000 $18,594,000 $5.143,000 $5,313,000 $6.151.000 $331,000 $45,000 $181,000 $4,853,000 $174.000 SO SO So SO $5,474,000 $5,358,000 $3.471,000 $1,993,000 $6,332,000 $1,079,000 $5,027,000 $1.199.000 SO SO so SO $1.907,000 $1,770,000 $1,479,000 $1,544,000 SO SO SO SO SO SO SO SO $10,852,000 $9,121,000 $8,890,000 $7.770.000 Minority Interest Total Liabilities Stock Holders Equity Common Stocks BRRM $3,000 $3,000 $3,000 $3,000 Capital Surplus $8.638,000 $7.786.000 $6.773.000 $5.865.000 Retained Earnings Treasury Stock Other Equity Total Equity Total Liabilities & Equity $3.979,000 54,151,000 $4,685,000 $4.871,000 SO SO SO SO ($213,000) $318,000 $1,246,000 $85,000 $12,407,000 $12,258,000 $12,707,000 $10,824,000 $23,259,000 $21,379,000 $21,597,000 $18,594,000

Fundamentals of Financial Management (MindTap Course List)
15th Edition
ISBN:9781337395250
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter4: Analysis Of Financial Statements
Section: Chapter Questions
Problem 24P: Income Statement for Year Ended December 31, 2018 (Millions of Dollars) Net sales 795.0 Cost of...
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calculate ratios for the financial statment given and show all working manually:

1.       Total Assets Turnover

2.       Inventory Turnover

3.       Inventory Period

Nike, Inc. Income Statement
Annual Income Statement (values in 000's)
Period Ending:
Total Revenue
Cost of Revenue
Gross Profit
Operating Expenses
Get Quarterly Data
Trend
5/31/2017 5/31/2016
5/31/2015
5/31/2014
$34,350,000 $32,376,000 $30,601,000 $27.799.000
$19.038,000 $17.405.000
$16,534,000 $15,353,000
$15,312,000 $14,971,000 $14,067,000 $12,446,000
Research and Development
SO
SO
SO
SO
Sales, General and Admin.
$10,563,000 $10,469,000 $9,892,000
$8,766,000
Non-Recurring Items
$0
SO
SO
SO
Other Operating Items
SO
SO
SO
SO
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
50
SO
SO
SO
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
SO
SO
SO
SO
Equity Earnings/Loss Unconsolidated
Subsidiary
SO
SO
SO
SO
Net Income-Cont. Operations
Net Income
Net Income Applicable to Common
Shareholders
$4,240,000 $3,760,000 $3,273,000 $2,693,000
$4,240,000 $3,760,000 $3,273,000 $2,693,000
$4,240,000 $3,760,000 $3,273,000 $2,693,000
Transcribed Image Text:Nike, Inc. Income Statement Annual Income Statement (values in 000's) Period Ending: Total Revenue Cost of Revenue Gross Profit Operating Expenses Get Quarterly Data Trend 5/31/2017 5/31/2016 5/31/2015 5/31/2014 $34,350,000 $32,376,000 $30,601,000 $27.799.000 $19.038,000 $17.405.000 $16,534,000 $15,353,000 $15,312,000 $14,971,000 $14,067,000 $12,446,000 Research and Development SO SO SO SO Sales, General and Admin. $10,563,000 $10,469,000 $9,892,000 $8,766,000 Non-Recurring Items $0 SO SO SO Other Operating Items SO SO SO SO 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 50 SO SO SO 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 SO SO SO SO Equity Earnings/Loss Unconsolidated Subsidiary SO SO SO SO Net Income-Cont. Operations Net Income Net Income Applicable to Common Shareholders $4,240,000 $3,760,000 $3,273,000 $2,693,000 $4,240,000 $3,760,000 $3,273,000 $2,693,000 $4,240,000 $3,760,000 $3,273,000 $2,693,000
Nike, Inc. Balance Sheet
Annual Income Statement (values in 000's)
Get Quarterly Data
Period Ending:
Trend
5/31/2017
5/31/2016
5/31/2015
5/31/2014
Current Assets
Cash and Cash Equivalents
III $3.808.000
Short-Term Investments
Net Receivables
Inventory
Other Current Assets
Total Current Assets
Long-Term Assets
Long-Term Investments
Fixed Assets
Goodwill
Intangible Assets
Other Assets
$2,371,000
$3,138,000
$2,319,000
$3,852,000 $2,220,000
$3,677,000
$3,241,000
$2.072,000
$3,358,000
$2,922,000
$3,789,000
$4.838.000
$5,055,000
$1.150,000 $1,489,000 $1.968,000 $818,000
$16,061,000 $15,025,000 $15,587,000 $13,696,000
$4.337,000
$3,947,000
SO
SO
SO
SO
$3.989,000
$3.520.000
$3,011,000
$2.834.000
$139.000
$131.000 $131,000
$131,000
$283,000
$281.000
$281,000
$282,000
SO
SO
SO
SO
Deferred Asset Charges
$2,787,000
$2.422,000
$2.587,000
$1,651,000
Total Assets
Current Liabilities
Accounts Payable
Short-Term Debt / Current Portion of
Long-Term Debt
Other Current Liabilities
Total Current Liabilities
Long-Term Debt
Other Liabilities
Deferred Liability Charges
Misc. Stocks
$23,259,000 $21,379,000 $21,597,000 $18,594,000
$5.143,000
$5,313,000
$6.151.000
$331,000
$45,000
$181,000
$4,853,000
$174.000
SO
SO
So
SO
$5,474,000
$5,358,000
$3.471,000
$1,993,000
$6,332,000
$1,079,000
$5,027,000
$1.199.000
SO
SO
so
SO
$1.907,000
$1,770,000
$1,479,000
$1,544,000
SO
SO
SO
SO
SO
SO
SO
SO
$10,852,000
$9,121,000
$8,890,000
$7.770.000
Minority Interest
Total Liabilities
Stock Holders Equity
Common Stocks
BRRM
$3,000
$3,000
$3,000
$3,000
Capital Surplus
$8.638,000
$7.786.000
$6.773.000
$5.865.000
Retained Earnings
Treasury Stock
Other Equity
Total Equity
Total Liabilities & Equity
$3.979,000
54,151,000
$4,685,000
$4.871,000
SO
SO
SO
SO
($213,000)
$318,000
$1,246,000
$85,000
$12,407,000
$12,258,000 $12,707,000 $10,824,000
$23,259,000 $21,379,000 $21,597,000 $18,594,000
Transcribed Image Text:Nike, Inc. Balance Sheet Annual Income Statement (values in 000's) Get Quarterly Data Period Ending: Trend 5/31/2017 5/31/2016 5/31/2015 5/31/2014 Current Assets Cash and Cash Equivalents III $3.808.000 Short-Term Investments Net Receivables Inventory Other Current Assets Total Current Assets Long-Term Assets Long-Term Investments Fixed Assets Goodwill Intangible Assets Other Assets $2,371,000 $3,138,000 $2,319,000 $3,852,000 $2,220,000 $3,677,000 $3,241,000 $2.072,000 $3,358,000 $2,922,000 $3,789,000 $4.838.000 $5,055,000 $1.150,000 $1,489,000 $1.968,000 $818,000 $16,061,000 $15,025,000 $15,587,000 $13,696,000 $4.337,000 $3,947,000 SO SO SO SO $3.989,000 $3.520.000 $3,011,000 $2.834.000 $139.000 $131.000 $131,000 $131,000 $283,000 $281.000 $281,000 $282,000 SO SO SO SO Deferred Asset Charges $2,787,000 $2.422,000 $2.587,000 $1,651,000 Total Assets Current Liabilities Accounts Payable Short-Term Debt / Current Portion of Long-Term Debt Other Current Liabilities Total Current Liabilities Long-Term Debt Other Liabilities Deferred Liability Charges Misc. Stocks $23,259,000 $21,379,000 $21,597,000 $18,594,000 $5.143,000 $5,313,000 $6.151.000 $331,000 $45,000 $181,000 $4,853,000 $174.000 SO SO So SO $5,474,000 $5,358,000 $3.471,000 $1,993,000 $6,332,000 $1,079,000 $5,027,000 $1.199.000 SO SO so SO $1.907,000 $1,770,000 $1,479,000 $1,544,000 SO SO SO SO SO SO SO SO $10,852,000 $9,121,000 $8,890,000 $7.770.000 Minority Interest Total Liabilities Stock Holders Equity Common Stocks BRRM $3,000 $3,000 $3,000 $3,000 Capital Surplus $8.638,000 $7.786.000 $6.773.000 $5.865.000 Retained Earnings Treasury Stock Other Equity Total Equity Total Liabilities & Equity $3.979,000 54,151,000 $4,685,000 $4.871,000 SO SO SO SO ($213,000) $318,000 $1,246,000 $85,000 $12,407,000 $12,258,000 $12,707,000 $10,824,000 $23,259,000 $21,379,000 $21,597,000 $18,594,000
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