Question: Using the SEC 10-K for your company, answer the questions below: Nike Inc What were Nikes Inc total current assets? What were Nikes Inc total

  1. Using the SEC 10-K for your company, answer the questions below: Nike Inc

  2. What were Nikes Inc total current assets?
  3. What were Nikes Inc total current liabilities?
  4. Calculate working capital (current assets current liabilities = working capital) and describe how it changed from last year.
  5. What were Nikes Inc total assets and total stockholders equity (deficit)?
  6. If the company has treasury stock, is it increasing or decreasing in value? Remember that the normal balance for treasury stock is a negative value (debit balance).
  7. What are the values for other comprehensive net income (or net loss) and retained earnings (or accumulated deficit). How are these values changing?

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