Nike sent you a letter indicating they may be interested in purchasing your company, if it serves their strategic vision. Nike is asking your company to prepare a proposal to the president of Nike for the possible acquisition of your company by Nike. This invitation came about as the result of an executive business conference where a Nike Vice President overheard one of your sales managers bragging that your company is going gang-busters and looking for opportunities to make a quantum move to sell your unique brand of athletic footwear in every market where Nike is positioned.  When the news reached the Nike Board, serious discussions took place. Nike believes your products could present both a risk and opportunity. The sale of your company is sure to help your business make a quantum move in the athletic footwear market.

 

An outside consultant recommended the use of Artificial Intelligence to help you determine the right price to sell your company to Nike. As part of this assignment use an AI platform, such as BING AI or ChatGPT, to help you determine the price you will offer to Nike in your proposal. Include at least one print screen (PrtScr) that shows you used AI to help you on this assignment.For this assignment, presume you have significant issues that can be best resolved if you sell your company to Nike. Prepare a 2-3 page proposal with an offer price that will entice Nike to buy your company. Address your proposal directly to the CEO of Nike. Include with your proposal an MS Excel spreadsheet that shows your actual calculations used to determine your company's Shareholder Equity and offer Price using data from your Y16 financial statements. In addition, prepare a graph showing your company's cash flow and profitability from Y11 to Y16 and projected to Y20. 

 

Add profit to show the Total Sale Price being offered to Nike along with any special terms or conditions you believe may help entice Nike to purchase your company and make all co-managers million-Nike-aires.  (This is just an exercise for computing your company's market valuation and using AI. You will not actually be selling your company to Nike. Sorry but you will need to become millionaires on your own)