NIKE, Inc. Consolidated Balance Sheets May 31 2017 2016 ASSETS Current assets: 3
ID: 2405133 • Letter: N
Question
NIKE, Inc. Consolidated Balance Sheets May 31 2017 2016 ASSETS Current assets: 3,808 $ Cash and equivalents Short-term investments Accounts receivable, net 3,138 2,319 2,371 3,677 5,055 1,150 16,061 3,989 283 139 2,787 23,259 S 4,838 1.489 15,025 3,520 281 131 2,422 21,379 and other current assets Total current assets Property, plant and equipment, net Identifiable intangible assets, net Goodwill Deferred income taxes and other assets TOTAL ASSETS LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Current portion of long-term debt Notes payable Accounts payable Accrued liabilities Income taxes Total current liabilities Long-term debt Deferred income taxes and other liabilities Commitments and contingencies Redeemable preferred stock Shareholders' equity: Common stock at stated value: 325 2,048 3,011 84 5,474 3,471 1,907 2,191 3,037 85 5,358 1,993 1,770 Class A convertible 329 and 353 shares outstanding Class B 1,314 and 1,329 shares outstanding Capital in excess of stated value Accumulated other comprehensive (loss) income Retained 3 8,638 (213) 7,786 318 12,258 21,379 12,407 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 23,259 S The accompanying Notes to the Consolidated Financial Statements are an integral part of this statementExplanation / Answer
Since Net Sales not given, d and e can not be computed. However giving below full formula, you can just put Net Credit Sale in that and you will get answer.
I have answered upto H, for remained please post it seperately since as per Chegg policy, question have more than 4 parts, to be posted seperately for each 4 parts.
Please hit LIKE button if this helped. For any further explanation, please put your query in comment, will get back to you. a. Working Capital Total Current Assets-Total Curretn Liabilities 16061-5474 10587 b. Current Ratio Total Current Assets/Total Curretn Liabilities 16061/5474 2.93 c. Quick Ratio (Cash+Cash Equivalent - Marketable Securities+Accounts Receivable)/Current Liabilities (3808+2371+3677)/5474 1.80 d. Accounts Receivable Turnover Net Credit Sale/Average Accounts Receivable Net Credit Sale/3459 Average Accounts Receivable (3677+3241)/2 3459 e. No of Days in sales receivable 365/Accounts Receivable Turonver Ratio 365/Accounts Receivable Turnover f. Inventory Turnover COGS/Average Inventory COGS/4947 Average Inventory (5055+4838)/2 4947 g. No of days sales in inventory 365/Inventory Turonver Ratio 365/Inventory Turnover h. Ratio of Liability to Stockholder equity Liabilities/Stock Holder Equity (5474+3471+1907)/12407 0.87Related Questions
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