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The following data are taken from recent financial statements of Nike, Inc. (NKE) (in millions):     Year 2   Year 1   Revenues (sales)   $32,376   $30,601   Operating income   4,502   4,175   a. Determine the amount of change (in millions) and percent of change in operating income from Year 1 to Year 2. Round to one decimal place. Operating income   $fill in the blank 1   fill in the blank 2% b. Determine the percentage relationship between operating income and sales for Year 2 and Year 1. Round to one decimal place. Year 1 fill in the blank  Year 2 fill in the blank

The following data are taken from recent financial statements of Nike, Inc. (NKE) (in millions):     Year 2   Year 1   Revenues (sales)   $32,376   $30,601   Operating income   4,502   4,175   a. Determine the amount of change (in millions) and percent of change in operating income from Year 1 to Year 2. Round to one decimal place. Operating income   $fill in the blank 1   fill in the blank 2% b. Determine the percentage relationship between operating income and sales for Year 2 and Year 1. Round to one decimal place. Year 1 fill in the blank  Year 2 fill in the blank

Trigonometry (MindTap Course List)
Trigonometry (MindTap Course List)
10th Edition
ISBN:9781337278461
Author:Ron Larson
Publisher:Ron Larson
ChapterP: Prerequisites
SectionP.3: The Cartesian Plane And Graphs Of Equations
Problem 7ECP
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  1. The following data are taken from recent financial statements of Nike, Inc. (NKE) (in millions):

        Year 2   Year 1  
    Revenues (sales)   $32,376   $30,601  
    Operating income   4,502   4,175  

    a. Determine the amount of change (in millions) and percent of change in operating income from Year 1 to Year 2. Round to one decimal place.

    Operating income   $fill in the blank 1   fill in the blank 2%

    b. Determine the percentage relationship between operating income and sales for Year 2 and Year 1. Round to one decimal place.

    Year 1 fill in the blank 

    Year 2 fill in the blank

     

     
     
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