Question: Develop a specific recommendation to increase the total asset rates from 2018-2022, with supporting rationale. Table 1: Nike - 5yr Rate Trends item 2018 2019
Develop a specific recommendation to increase the total asset rates from 2018-2022, with supporting rationale.
| Table 1: Nike - 5yr Rate Trends | |||||
| item | 2018 | 2019 | 2020 | 2021 | 2022 |
| Sale Growth rates | 5.69% | 7.59% | (4.35%) | 18.90% | 5.17% |
| COGS Growth rates | 7.09% | 6.61% | (0.78%) | 14.22% | 2.52% |
| Interest Expense Growth rates | 184.78 | 5.98% | 16.13% | 100.69% | 1.04% |
| Net Income Growth rates | (54%) | 108.43% | (36.98) | 125.56% | 5.57% |
| Assets - Total – Growth rates | 3.14% | 5.24% | 32.15% | 20.41% | 6.84% |
| Total Liabilities / Total Assets Growth rates | 56.46% | 61.88% | 74.30% | 66.17% | 62.10% |
| Total Shareholders' Equity / Total Assets | 43.54% | 38.12% | 25.70% | 33.83% | 37.90% |
https://www.marketwatch.com/investing/stock/nke/financials?mod=mw_quote_tab
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ANSWER Based on the provided data it is clear that Nike has experienced positive growth in total assets from 2018 to 2022 although the growth rate has ... View full answer
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