NIKE,INC Financial Statement Analysis The financial statements for Nike, Inc., are presented in photos in the photos provided below. Use the following additional information (in millions): Accounts receivable at May 31, 2016 $3,241 Inventories at May 31, 2016 $4,838 Total assets at May 31, 2016 $21,379 Stockholders' equity at May 31, 2016 $12,258 1. Determine the following measures for the fiscal years ended May 31, 2018, and May 31, 2017. Assume 365 days a year. Do not round interim calculations. Round the working capital amount in part (a) to the nearest dollar. Round all other final answers to one decimal place. When required, use the rounded final answers in subsequent computations. May 31, 2018 May 31, 2017 QUESTION BELOW K-L With work shown for each letter PLEASE: As an explanation is needed. k. Return on common stockholders' equity % % l. Price-earnings ratio, assuming that the market price was $72.12 per share on May 29, 2018, and $53.06 per share on May 30, 2017.
NIKE,INC
Financial Statement Analysis
The financial statements for Nike, Inc., are presented in photos in the photos provided below.
Use the following additional information (in millions):
Inventories at May 31, 2016 $4,838
Total assets at May 31, 2016 $21,379
1. Determine the following measures for the fiscal years ended May 31, 2018, and May 31, 2017.
Assume 365 days a year.
Do not round interim calculations.
Round the
Round all other final answers to one decimal place.
When required, use the rounded final answers in subsequent computations.
May 31, 2018
May 31, 2017
QUESTION BELOW K-L With work shown for each letter PLEASE: As an explanation is needed.
k. Return on common stockholders' equity % %
l. Price-earnings ratio, assuming that the market price was $72.12 per share on May 29, 2018, and $53.06 per share on May 30, 2017.
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