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
item20182019202020212022
Sale Growth rates5.69%7.59%(4.35%)18.90%5.17%
COGS Growth rates7.09%6.61%(0.78%)14.22%2.52%
Interest Expense Growth rates184.785.98%16.13%100.69%1.04%
Net Income Growth rates(54%)108.43%(36.98)125.56%5.57%
Assets - Total – Growth rates3.14%5.24%32.15%20.41%6.84%
Total Liabilities / Total Assets Growth rates56.46%61.88%74.30%66.17%62.10%
Total Shareholders' Equity / Total Assets43.54%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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