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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