Question: Nike, Inc, Problem Financial Statement Analysis The financial statements for Nike, Inc., are presented in Appendix C at the end of the text. The following


Nike, Inc, Problem Financial Statement Analysis The financial statements for Nike, Inc., are presented in Appendix C at the end of the text. The following additional information (in thousands) is available: Accounts receivable at May 31, 2010 Inventories at May 31, 2010 Total assets at May 31, 2010 Stockholders' equity at May 31, 2010 S 3,138 2,715 14,998 9,843 Instructions 1. Determine the following measures for the fiscal years ended May 31, 2013 (fiscal 2012), and May 31, 2012 (fiscal 2011), rounding to one decimal place. a. Working capital b. Current ratio c. Quick ratio d. Accounts receivable turnover e. Number of days' sales in receivables f. Inventory turnover g. Number of days' sales in inventory h. Ratio of liabilities to stockholders' equity i. Ratio of sales to assets Nike, Inc, Problem Financial Statement Analysis The financial statements for Nike, Inc., are presented in Appendix C at the end of the text. The following additional information (in thousands) is available: Accounts receivable at May 31, 2010 Inventories at May 31, 2010 Total assets at May 31, 2010 Stockholders' equity at May 31, 2010 S 3,138 2,715 14,998 9,843 Instructions 1. Determine the following measures for the fiscal years ended May 31, 2013 (fiscal 2012), and May 31, 2012 (fiscal 2011), rounding to one decimal place. a. Working capital b. Current ratio c. Quick ratio d. Accounts receivable turnover e. Number of days' sales in receivables f. Inventory turnover g. Number of days' sales in inventory h. Ratio of liabilities to stockholders' equity i. Ratio of sales to assets
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