The financial statements for Nike, Inc., are presented in Appendix D . Use the following additional information (in thousands):

Accounts receivable at May 31, 2014: $3,117 Inventories at May 31, 2014: 3,947 Total assets at May 31, 2014: 18,594 Stockholders equity at May 31, 2014: 12,000

1. Determine the following measures for the fiscal years ended May 31, 2016, and May 31, 2015. Do not round interim calculations. Round the working capital amount in part (a) to the nearest dollar. Round all other final answers to one decimal place. When required, use the rounded final answers in subsequent computations.

			Fiscal Year 2016		Fiscal Year 2015
a.	Working capital (in millions)	$		$
b.	Current ratio
c.	Quick ratio
d.	Accounts receivable turnover
e.	Number of days' sales in receivables		days		days
f.	Inventory turnover
g.	Number of days' sales in inventory		days		days
h.	Ratio of liabilities to stockholders' equity
i.	Asset turnover
j.	Return on total assets		%		%
k.	Return on common stockholders' equity		%		%
l.	Price-earnings ratio, assuming that the market price was $54.90 per share on May 29, 2016, and $52.81 per share on May 30, 2015.
m.	Percentage relationship of net income to sales		%		%

NIKE, Inc. Consolidated Statements of Shareholders' Equity Capital in Accumulated Common Stock Excess of Stated Comprehensive Retained Other Class A Class B In millions, except per share data) Shares Amount Shares Balance at May 31, 2013 Stock options exercised Conversion to Class B Common Amount IncomeEarnings Total 356 $ 3 $ 5,184 $ 274 5,620 $ 11,081 445 1,433 S 445 Repurchase of Class B Common (73) 2,617) (2,628) Dividends on common stock ($0.47 per share) Issuance of shares to employees Stock-based compensation Forfeiture of shares from (821) (821) 78 (4) (12) 2,693 2,693 Net income Other com 189 31, 2014 85 alance at Stock options exercised Repurchase of Class B Common 355 27 639 (2.525) (2,534) (931) (931) 191 (58) Dividends on common stock ($0.54 per share Issuance of shares to employees Stock-based compensation Forfeiture of shares from 3 191 ,273 3,273 1,161 4,685 S 12,707 Net income 1,161 1.246 Balance at Stock options exercised Conversion to Class B Common 31, 2015 355 1.357 Repurchase of Class B Common (55) (3,230) (3,238) Dividends on common stock ($0.62 per share) Issuance of shares to employees Stock-based compensation Forfeiture of shares from (1,053) (1,053) 115 115 (10) ,760 3,760 Net income Balance at May 31, 2016 The accompanying Notes to the Consolidated Financial Statements are an integral part of this statement 353 1,329 7,786 318 4,151 $ 12,258