Business Finance
Profit Margin Asset Turnover Return on Asset & Inventory Turnover of Nike in 2018 Analysis

Question Description

I’m studying for my Accounting class and need an explanation.

Only the ratio tab needs to be done in the excel workbook. also must use this link https://www.sec.gov/cgi-bin/viewer?action=view&cik=320187&accession_number=0000320187-18-000142&xbrl_type=v# as well. if not use info that shows NIKE fiscal year 2018. also can use this https://www.sec.gov/cgi-bin/viewer?action=view&cik=320187&accession_number=0000320187-18-000142&xbrl_type=v#

Unformatted Attachment Preview

FALL 2019 ACC 101 Student's Name: Section: Company Name: Fiscal Year 2018 Income Statement Fiscal Year $ 2017 Change 1 - % Change #DIV/0! - #DIV/0! - % Change #DIV/0! - #DIV/0! Explanation 2 Explanation Fiscal Year 2018 1 Balance Sheet Fiscal Year $ 2017 Change Explanation 2 Explanation FALL 2019 ACC 101 Student's Name: Section: Company Name: 1. Fiscal Year 2018 Profit Margin Formula Profit Margin = Net Income/Net Revenues #DIV/0! Net Income Net Revenue Explanation 2. Asset Turnover #DIV/0! Formula Asset turnover = Net Revenues/Average total assets Net Revenue Average Total Assets Explanation 3. Return on Assets #DIV/0! Formula Return on Assets = Net Income/Average Total assets Net Income Average Total Assets Explanation 4. Inventory Turnover Formula Inventory Turnover = Cost Of Goods Sold/Average Inventory COGS Average Inventory Explanation Times #DIV/0! Days #DIV/0! ...
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Final Answer

Hello again,Attached please find the workbook with the Ratio worksheet completed. Please review this information at your convenience and let me know if you have any questions or if you feel any changes need to be made. Otherwise, I look forward to working with you again in the future.Thank you!

FALL 2019 ACC 101
Student's Name:
Section:
Company Name:

Fiscal Year
2018

Income Statement
Fiscal Year
$
2017
Change

1

-

%
Change
#DIV/0!

-

#DIV/0!

-

%
Change
#DIV/0!

-

#DIV/0!

Explanation

2
Explanation

Fiscal Year
2018
1

Balance Sheet
Fiscal Year
$
2017
Change

Explanation

2
Explanation

FALL 2019 ACC 101
Student's Na...

seyswho (494)
Cornell University

Anonymous
Thanks for the help.

Anonymous
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