The following data are taken from recent financial statement of Nike, Inc. (In millions):

___________________________ Year 2 __________ Year 1

Sales (revenues) .................... $27,799 .............. $25,313

Net income ........................... 2,693 .................. 2,472

a. Determine the amount of change (in millions) and percent of change in net income from Year 1 to Year 2. (Round to one decimal place.)

b. Determine the percentage relationship between net income and sales for Year 2 and Year 1. (Round to one decimal place.)

c. What conclusions can you draw from your analyses?