The financial statements for Nike, Inc., are presented in Appendix D at the end of the text.

Question:

The for Nike, Inc., are presented in Appendix D at the end of the text. Use the following additional information (in thousands):
Accounts receivable at May 31, 2014.......................$ 3,117
Inventories at May 31, 2014....................................4,142
Total assets at May 31, 2014..................................18,594
Stockholders' equity at May 31, 2014.......................12,000
Instructions
1. Determine the following measures for the fiscal years ended May 31, 2016, and May 31, 2015. Round ratios and percentages to one decimal place.
a. Working capital
b. Current ratio
c. Quick ratio
d. turnover
e. Number of days' sales in receivables
f. Inventory turnover
g. Number of days' sales in inventory
h. Ratio of liabilities to stockholders' equity
i. 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
2. What conclusions can be drawn from these analyses?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that... Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.