Homework Answers
Option D
Net Income % = Net Income ÷ Revenue *100
= $4,029 ÷ $39,117 *100
= 10.3%
HIT THE LIKE BUTTON
Add Answer to:
12 Months Ended May 31, 2019 May 31, 2018 $ 36,397 20,441 15,956 3,577 7,934 11,511...
will thumbs up for the help! thank you sooo much! 12. Below is income statement data...
will thumbs up for the help! thank you sooo much!
12. Below is income statement data for Nike, Inc: Nike, Inc Consolidated Statements of Income $ in Millions 12 Months Ended May 31,2019 May 31, 2018 $39,117 21,643 $36,397 20,441 Revenues (net sales) Cost of sales Gross Profit Demand creation expense Operating overhead expense Total selling & Administrative expense Interest expense (income), net Other (income) expense, net $17,474 3753 8,949 $12,702 49 (78) 15,956 3,577 7,934 11,5111 54 66 Income...
Current Year Prior Year $ Increase (Decrease) % Increase (Decrease) REQUIRED: all industry ratio work must...
Current Year
Prior Year
$ Increase (Decrease)
% Increase (Decrease)
REQUIRED: all industry ratio work must be linked to Reuters
Industry Data tab
Inventory
5,261
5,055
206
4.08%
all these rows, each column, should be linked to V&H
analysis
Sales revenue
Cost of goods sold
Gross profit
15,956
15,312
644
4.21%
Gross profit margin (%)
For the Fiscal Years Ended May 31, ($'s in millions) 2017 vs. 2016 $ Incr 2017 % Change 2016...
Compute and interpret the Z-score Information from the balance sheet, income statement, and statement of cash...
Compute and interpret the Z-score Information from the balance sheet, income statement, and statement of cash flows for Nike follows. Refer to thes NIKE, INC. Consolidated Statements of Income Year Ended December 31 (In millions) 2019 2018 Revenues $39,117 $36,397 Cost of sales 21,643 20,441 Gross profit 17,474 15.956 Demand creation expense 3,753 3,577 Operating overhead expense 8,949 7.934 Total selling and administrative expense 12,702 11,511 Interest expense (income), net 49 54 Other (income) expense, net (78) 66 Income before...
Compute and Interpret Liquidity, Solvency and Coverage Ratios Information from the balance sheet, income statement, and...
Compute and Interpret Liquidity, Solvency and Coverage Ratios Information from the balance sheet, income statement, and statement of cash flows for Nike follows. Refer to these fina NIKE, INC. Consolidated Statements of Income Year Ended December 31 (In millions) 2019 2018 Revenues $39.117 $36,397 Cost of sales 21,643 20,441 Gross profit 17,474 15,956 Demand creation expense 3.753 3,577 Operating overhead expense 8.949 7,934 Total selling and administrative expense 12,702 11,511 Interest expense (Income), net 49 54 Other (income) expense, net...
Compute and Interpret Liquidity, Solvency and Coverage Ratios Information from the balance sheet, income statement, and...
Compute and Interpret Liquidity, Solvency and Coverage Ratios Information from the balance sheet, income statement, and statement of cash flows for Nike follows. Refer to these fina NIKE, INC. Consolidated Statements of Income Year Ended December 31 (In millions) 2019 2018 Revenues $39.117 $36,397 Cost of sales 21,643 20,441 Gross profit 17,474 15,956 Demand creation expense 3.753 3,577 Operating overhead expense 8.949 7,934 Total selling and administrative expense 12,702 11,511 Interest expense (Income), net 49 54 Other (income) expense, net...
Operating Section of Statement of Cash Flows (Indirect Method) Following are the income statement and balance...
Operating Section of Statement of Cash Flows (Indirect Method) Following are the income statement and balance sheet for Nike Inc. for the year ended May 31, 2019, and a forecasted income statement and balance sheet for 2020. Nike Inc. Income Statement For Year Ended May 31 $ millions 2019 actual 2020 Est. Revenues $ 39,117 $ 42,246 Cost of sales 21,643 23,362 Gross profit 17,474 18,884 Demand creation expense 3,753 4,056 Operating overhead expense 8,949 9,674 Total selling and administrative...
Compute and Interpret Liquidity, Solvency and Coverage Ratios Information from the balance sheet, income statement, and...
Compute and Interpret Liquidity, Solvency and Coverage Ratios Information from the balance sheet, income statement, and statement of cash flows for Nike follows. Refer to these financial statements to answer the requirements. NIKE, INC. Consolidated Statements of Income Year Ended December 31 (In millions) 2019 2018 Revenues $39,117 $36,397 Cost of sales 21,643 20,441 Gross profit 17,474 15,956 Demand creation expense 3,753 3,577 Operating overhead expense 8,949 7,934 Total selling and administrative expense 12,702 11,511 Interest expense (income), net 49...
Nike Analysis Using the Nike balance sheet and income statement located in Brightspace, compute the following...
Nike Analysis Using the Nike balance sheet and income statement located in Brightspace, compute the following ratios for both 2020 and 2019: 1. Current ratio 2. Acid-test ratio I 3. Debt to equity ratio 4. Times interest earned Was there any ratio that changed dramatically from 2019 to 2020? What factor(s) do you think could have contributed to this change? Students - MSU No... Capsim Login 1/1 Table of Contents NIKE, INC. CONSOLIDATED STATEMENTS OF INCOME $ Revenues Cost of...
Question: Calculate accounts receivable turnover ratio for 2019 3 Months Ended Jun 30, 2018 Mar. 31,...
Question: Calculate accounts receivable turnover ratio
for 2019
3 Months Ended Jun 30, 2018 Mar. 31, 2018 12 Months Ended Mar. 31, 2018 Mar. 31, 2019 Dec 31, 2018 Sep 30, 2018 Dec 31, 2017 Sep. 30, 2017 Jun 30, 2017 Mar. 31, 2019 Mar 31, 2017 $22.857,000,000 5.605.000.000 5,137.000.000 33.600.000.000 $23.834,000,000 4.524.000.000 4.048.000.000 32.406.000.000 $25,368,000,000 4,684 000.000 3.295 000.000 3 3,347.000.000 $ 8.441.000.000 $8.601,000,000 $8.433.000.000 $ 8.125,000,000 $8.083.000.000 $8.239.000.000 $7.927.000.000 $8,157.000.000 6,801,000,000 493 000.000 6.109.000.000 8 087 000.000 7.861.000.000...
Home Insert Draw Page Layout Formulas Data Review View percentage 29 ES 2 Calibri (Body) 12...
Home Insert Draw Page Layout Formulas Data Review View percentage 29 ES 2 Calibri (Body) 12 A A * BLUE OA 13 Conditional Formatting Format as Table Cell Styles 2 Insert Delete Format 5 % + Recover Unsaved Workbooks. We were able to save changes to one or more files. Do you want to recover them? X f x -'BS V&H'ID47 E4 Effective management of assets is critical for most companies. Investment in assets is needed to drive revenue growth....
will thumbs up for the help! thank you sooo much!
12. Below is income statement data for Nike, Inc: Nike, Inc Consolidated Statements of Income $ in Millions 12 Months Ended May 31,2019 May 31, 2018 $39,117 21,643 $36,397 20,441 Revenues (net sales) Cost of sales Gross Profit Demand creation expense Operating overhead expense Total selling & Administrative expense Interest expense (income), net Other (income) expense, net $17,474 3753 8,949 $12,702 49 (78) 15,956 3,577 7,934 11,5111 54 66 Income...
Current Year
Prior Year
$ Increase (Decrease)
% Increase (Decrease)
REQUIRED: all industry ratio work must be linked to Reuters
Industry Data tab
Inventory
5,261
5,055
206
4.08%
all these rows, each column, should be linked to V&H
analysis
Sales revenue
Cost of goods sold
Gross profit
15,956
15,312
644
4.21%
Gross profit margin (%)
For the Fiscal Years Ended May 31, ($'s in millions) 2017 vs. 2016 $ Incr 2017 % Change 2016...
Compute and interpret the Z-score Information from the balance sheet, income statement, and statement of cash flows for Nike follows. Refer to thes NIKE, INC. Consolidated Statements of Income Year Ended December 31 (In millions) 2019 2018 Revenues $39,117 $36,397 Cost of sales 21,643 20,441 Gross profit 17,474 15.956 Demand creation expense 3,753 3,577 Operating overhead expense 8,949 7.934 Total selling and administrative expense 12,702 11,511 Interest expense (income), net 49 54 Other (income) expense, net (78) 66 Income before...
Compute and Interpret Liquidity, Solvency and Coverage Ratios Information from the balance sheet, income statement, and statement of cash flows for Nike follows. Refer to these fina NIKE, INC. Consolidated Statements of Income Year Ended December 31 (In millions) 2019 2018 Revenues $39.117 $36,397 Cost of sales 21,643 20,441 Gross profit 17,474 15,956 Demand creation expense 3.753 3,577 Operating overhead expense 8.949 7,934 Total selling and administrative expense 12,702 11,511 Interest expense (Income), net 49 54 Other (income) expense, net...
Compute and Interpret Liquidity, Solvency and Coverage Ratios Information from the balance sheet, income statement, and statement of cash flows for Nike follows. Refer to these fina NIKE, INC. Consolidated Statements of Income Year Ended December 31 (In millions) 2019 2018 Revenues $39.117 $36,397 Cost of sales 21,643 20,441 Gross profit 17,474 15,956 Demand creation expense 3.753 3,577 Operating overhead expense 8.949 7,934 Total selling and administrative expense 12,702 11,511 Interest expense (Income), net 49 54 Other (income) expense, net...
Compute and Interpret Liquidity, Solvency and Coverage Ratios Information from the balance sheet, income statement, and statement of cash flows for Nike follows. Refer to these financial statements to answer the requirements. NIKE, INC. Consolidated Statements of Income Year Ended December 31 (In millions) 2019 2018 Revenues $39,117 $36,397 Cost of sales 21,643 20,441 Gross profit 17,474 15,956 Demand creation expense 3,753 3,577 Operating overhead expense 8,949 7,934 Total selling and administrative expense 12,702 11,511 Interest expense (income), net 49...
Nike Analysis Using the Nike balance sheet and income statement located in Brightspace, compute the following ratios for both 2020 and 2019: 1. Current ratio 2. Acid-test ratio I 3. Debt to equity ratio 4. Times interest earned Was there any ratio that changed dramatically from 2019 to 2020? What factor(s) do you think could have contributed to this change? Students - MSU No... Capsim Login 1/1 Table of Contents NIKE, INC. CONSOLIDATED STATEMENTS OF INCOME $ Revenues Cost of...
Question: Calculate accounts receivable turnover ratio
for 2019
3 Months Ended Jun 30, 2018 Mar. 31, 2018 12 Months Ended Mar. 31, 2018 Mar. 31, 2019 Dec 31, 2018 Sep 30, 2018 Dec 31, 2017 Sep. 30, 2017 Jun 30, 2017 Mar. 31, 2019 Mar 31, 2017 $22.857,000,000 5.605.000.000 5,137.000.000 33.600.000.000 $23.834,000,000 4.524.000.000 4.048.000.000 32.406.000.000 $25,368,000,000 4,684 000.000 3.295 000.000 3 3,347.000.000 $ 8.441.000.000 $8.601,000,000 $8.433.000.000 $ 8.125,000,000 $8.083.000.000 $8.239.000.000 $7.927.000.000 $8,157.000.000 6,801,000,000 493 000.000 6.109.000.000 8 087 000.000 7.861.000.000...
Home Insert Draw Page Layout Formulas Data Review View percentage 29 ES 2 Calibri (Body) 12 A A * BLUE OA 13 Conditional Formatting Format as Table Cell Styles 2 Insert Delete Format 5 % + Recover Unsaved Workbooks. We were able to save changes to one or more files. Do you want to recover them? X f x -'BS V&H'ID47 E4 Effective management of assets is critical for most companies. Investment in assets is needed to drive revenue growth....
Most questions answered within 3 hours.
-
15)___________ A study was conducted to
test the effectiveness of aspirin on reducing
asked 5 minutes ago -
How fast must a centrifuge spin if a particle 8 cm from the axis
of rotation...
asked 6 minutes ago -
Which of the following is characteristic of a single exposure
common vehicle outbreak?
a. Wide range...
asked 8 minutes ago -
You are a member of an alpine rescue team and must get a box of
supplies,...
asked 11 minutes ago -
Where the conservation of biodiversity is concerned, can I be
assisted with these questions:
1. What...
asked 11 minutes ago -
A 79-Ω loudspeaker, a 8.0-Ω loudspeaker, and a 3.7-Ω loudspeaker
are connected in parallel across the...
asked 42 minutes ago -
If X has a normal distribution with mean µ =
12 and variance σ2 = 9,...
asked 51 minutes ago -
An example of an operational taxonomic unit
(OTU) is
a. Multiple sequence alignment.
b. Protein sequence....
asked 52 minutes ago -
Electrons flow through a 2.7-mm-diameter aluminum wire at
2.5×10−4 m/s .
How many electrons move through...
asked 52 minutes ago -
For a recent year, McDonald’s (MCD)
company-owned restaurants had the following sales and expenses (in
millions):...
asked 51 minutes ago -
In a sample of 15 men, the mean height was 171 cm. In a sample
of...
asked 53 minutes ago -
In this exercise, we will be refactoring a working program. Code
refactoring is a process to...
asked 2 hours ago