Casework - Casework should be posted according to the course schedule in Moodle using the assignment submit link. Use the provided annual report for Nike, Inc. This report and its Consolidated Statements of Income and Consolidated Balance Sheets will serve as your primary resource for completing the casework. Perform a horizontal analysis and a vertical analysis (refer to Chapter 17) of the income statement and balance sheet using only the years 2014 and 2013 in Nike, Inc.s format. A template has been provided for you. Only the gray-shaded areas of the template must be completed by filling in the correct data and making the appropriate calculations. Although not a requirement, you are encouraged to use Excel formulas to complete the assignment.

http://investors.nike.com/investorsews-events-and-reports/default.aspx?toggle=topBanner

http://trineonline.trine.edu/pluginfile.php/1414269/mod_resource/content/2ike-2014-form-10K.pdf

total score prorated to 30 NIKE, Inc. Consolidated Statements of Income Year Ended May 31, In millions, except per share data) Income from continuing operations Revenues Cost of sales Gross profit Demand creation expense Operating overhead expense Total selling and administrative expense Interest expense (income), net (Notes 6, 7, and 8 Other expense (income), net (Note 17 Income before income taxes Income tax expense (Note 9) NET INCOME FROM CONTINUING OPERATIONS NET INCOME (LOSS) FROM DISCONTINUED OPERATIONS NET INCOME NIKE, Inc. Consolidated Statements of Income Year Ended May 31, In millions, except per share data) Income from continuing operations Revenues Cost of sales Gross profit /26 Score 0 prorated to 7.5 HORIZONTAL 2014 2013 /26 Score prorated to 7.5 0 VERTICAL 2014 2013 total score prorated to 30 NIKE, Inc. Consolidated Statements of Income Year Ended May 31, In millions, except per share data) Income from continuing operations Revenues Cost of sales Gross profit Demand creation expense Operating overhead expense Total selling and administrative expense Interest expense (income), net (Notes 6, 7, and 8 Other expense (income), net (Note 17 Income before income taxes Income tax expense (Note 9) NET INCOME FROM CONTINUING OPERATIONS NET INCOME (LOSS) FROM DISCONTINUED OPERATIONS NET INCOME NIKE, Inc. Consolidated Statements of Income Year Ended May 31, In millions, except per share data) Income from continuing operations Revenues Cost of sales Gross profit /26 Score 0 prorated to 7.5 HORIZONTAL 2014 2013 /26 Score prorated to 7.5 0 VERTICAL 2014 2013