Many companies must file financial reports with the SEC. Many of these reports are available electronically through the EDGAR database. EDGAR is an acronym for Electronic Data Gathering, Analysis, and Retrieval system, and it is accessible through the World Wide Web on the Internet. Instructions for using EDGAR are in Appendix A.

Using the most current 10-K available on EDGAR or on the company’s website at www.nikebiz.com, answer the following questions about Nike Company:

a. In what year did Nike begin operations?

b. Other than the Nike brand, what business does Nike operate?

c. How many employees does Nike have?

d. Describe, in dollar amounts, Nike’s accounting equation at the end of the most recent year.

e. Has Nike’s performance been improving or deteriorating over the past three years? Explain your answer.