Question: Using the Nike income statement and the balance sheet create a table of ratios 2016 2017 Current Assets - Current Liabilities Calculated Value Current Assets

Using the Nike income statement and the balance sheet create a table of ratios
2016 2017
Current Assets - Current Liabilities Calculated Value Current Assets - Current Liabilities = Calculated Value
1. Working capital: $15,025 $5,358 $9,667 $0
Ratio Numerator Denominator Calculated Value Numerator Denominator = Calculated Value
2. Current ratio $15,025 $5,358 2.80 times #DIV/0!
3. Quick ratio $8,698 $5,358 1.62 times
4. Accounts receivable
turnover $32,376 $3,300 9.81 times
5. Number of days'
sales in receivables $365 9.81 37.21 days
6. Inventory turnover $17,405 $4,588 3.8 times
7. Number of days'
sales in inventory $365 3.8 96.1 days
8. Ratio of fixed assets to
long-term liabilities $3,520 $1,993 1.8 times
9. Ratio of total liabilities to
stockholders' equity $9,121 $12,258 74%
10. Number of times
interest charges earned $4,642 $19 244.3 times
11. Number of times
preferred dividends earned 0
12. Ratio of sales to
assets $32,376 $21,488 1.5 times
13. Rate earned on total
assets $3,779 $21,488 18%

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