Question: I need step by step solutions to the Nike,Inc., Problem on pg. 846. Financial statement analysis in the accounting (warren/reeve/Duchamp 26e) 1. determine the following
I need step by step solutions to the Nike,Inc., Problem on pg. 846. Financial statement analysis in the accounting (warren/reeve/Duchamp 26e)
1. determine the following measures for the fiscal years ended may 31, 2013 (fiscal 2012), and may 31, 2012 (fiscal 2011), roundin to one decimal place.
F. Inventory turnover, g. Number of days' sales in inventory , h. Ratio of liabilities to stockholders' equity. , i. Ratio of sales to assets., j. Rate earned on totalassets, assuming interest expense is $23 million for the year ending msy31, 2013, and $31 million for the year ending may 31, 2012., k. Rate earned on common stockholders equity . , l. Price-earnings ratio, assuming that the market price was $61.66 per share on may31, 2013, and $5310 per share on may 31st 2012., m. Percentage relationship of the net income to sales.
2. What conclusion can be drawn from these analyses?
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