Use the Nike 10-K report in Appendix C to answer the following questions. 1. What is Nikes
Question:
Use the Nike 10-K report in Appendix C to answer the following questions.
1. What is Nike’s principal business activity? What percentage of its sales are in the United States?
2. How much did Nike’s gross margin and gross margin as a percentage of revenue increase (decrease) in fiscal 2011 compared with fiscal 2010?
3. Compare Nike’s working capital in fiscal 2010 with that in fiscal 2011?
4. Nike had a decrease in cash of $1,124 million in fiscal 2011. What were the major causes or this decrease in cash?
5. Did Nike’s board declare any cash dividends in fiscal 2011? If so, how much? On what financial statement did you find this?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
1 Nikes principal business activity is the design development and worldwide marketing of highquality ...View the full answer
Answered By
Hradayesh singh
Detail-oriented professional tutor with a solid 5 years of experience instilling confidence in high school and college students. Dedicated to empowering mathematics students and civil engineer with constructive feedback and practical test-taking strategies. Effective educator and team player whether working in a school, university, or private provider setting. Active listener committed to helping students overcome academic challenges to reach personal goals.
Unparalleled interpersonal communication and listening skills, whether working with students, parents, teachers, or administrators. -Deep background
Teach efficient testing techniques and methods for managing stress.
Conduct timed practice exams to help students feel comfortable with the testing process.
Evaluate students’ progress and adjust instruction based on feedback.
0 Reviews
10+ Question Solved
Related Book For 
Introduction to Management Accounting
ISBN: 978-0133058789
16th edition
Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta
Question Posted:
