QUESTION $1$

A$($n$)$BLANK audit opinion was issued on $$Nike$\text{'}$s financial statements and notes to $$the financial statements for the most recent

reporting period.

a$.$qualified

b$.$unqualified

c$.$adverse

d$.$disclaimer

QUESTION $2$

The independent accounting firm BLANK expressed an $$opinion as$$to $$whether Nike's financial statements present fairly, in $$all material respects, the company's financial position, results of $$operations$,$ and cash flows during its most recent reporting period.

a$.$Deloitte and Touche

b$.$KPMG

c$.$PricewaterhouseCoopers

d$.$Ernst & Young

QUESTION $3$

As $$a percentage of $$total assets Nike's cash and equivalents:

a$.$increased from $5\mathrm{.}31\mathrm{.}2023$to$5\mathrm{.}31\mathrm{.}2024$

b$.$decreased from $5\mathrm{.}31\mathrm{.}2023$to$5\mathrm{.}31\mathrm{.}2024$

c$.$did not change from $5\mathrm{.}31\mathrm{.}2023$to$5\mathrm{.}31\mathrm{.}2024$

d$.$cannot be $$determined

QUESTION $4$

Which of $$Nike$\text{'}$s balance sheet accounts is $$increased for footware sales on $$account $($credit $$sales$)?$

a$.$Accounts payable.

b$.$Revenues$.$

c$.$Cash

d$.$Accounts receivable.

QUESTION $5$

The amount of $$cash that Nike estimated it $$will collect from credit sales to $$customers at $$the most recent balance sheet date was $($in

millions$)$:

a$.$$$4,427.$

b$.$$$4,166.$

c$.$$$4,131.$

d$.$$$51,217.$

$$QUESTION $6$

Over the last two balance sheet dates the total amount that Nike's customers owe the company from credit sales has:

a$.$stayed the same

b$.$decreased

c$.$increased

d$.$cannot be $$determined