a. Briefly describe the operations of NIKE, and indicate whether it is a manufacturing, retail, or Service

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a. Briefly describe the operations of NIKE, and indicate whether it is a manufacturing, retail, or Service Company.

b. Which accounting firm audits NIKE? Briefly explain the contents of the audit report.

c. What dollar amounts for net income were reported in 2009, 2008 and 2007?

d. Compute of NIKE’s liabilities as a percent of total assets in 2009 and 2008. Did the percentage increase or decrease?

e. How much cash was provided by operating activities during 2009, 2008, and 2007?

f. Comment on NIKE’s financial performance and condition.

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Financial Accounting in an Economic Context

ISBN: 978-0470635292

8th Edition

Authors: Jamie Pratt

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Question Posted: Oct 30, 2011 11:33 AM

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a. Briefly describe the operations of NIKE, and indicate whether it is a manufacturing, retail, or Service

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a Nike is a manufacturing company primarily engaged in the manufacture and distribution of athletic footwear and apparel b The firm of PriceWaterhouse...View the full answer

Financial Accounting in an Economic Context

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