The following data (in millions) are taken from recent financial statements of Nike Inc.:

a. Determine the amount of change (in millions) and percent of change in net income for Year 2. Round to one decimal place.
b. Determine the percentage relationship between net income and net sales (net income divided by net sales) for Year 2 and Year 1. Round to one decimal place.
c. What conclusions can you draw from youranalysis?

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Net sales (revenues) Net income Year2 Year 1 $19,014 $19,176 1,907 1487